factual

When was the 'Ergonomic systems and devices' patent issued for the Gokhale Method, and for how long is it valid?

Gokhale_Method Franchise · 2024 FDD

Answer from 2024 FDD Document

The first patent is titled "Ergonomic systems and devices." It is a mechanical patent bearing number 7,540,564, issued June 2, 2009 for a period of 17 years. This patent covers a system or device for providing traction or support to portions of the user's body to help stretch or decompress the user's spine. The patent can be used in chairs, beds, cushions or other articles of furniture.

Source: Item 14 — PATENTS, COPYRIGHTS, AND PROPRIETARY INFORMATION (FDD pages 25–26)

What This Means (2024 FDD)

According to Gokhale Method's 2024 Franchise Disclosure Document, the patent for "Ergonomic systems and devices" was issued on June 2, 2009. This is a mechanical patent, bearing the number 7,540,564. The patent is valid for a period of 17 years from the issue date.

This patent covers systems or devices designed to provide traction or support to parts of the user's body, which helps in stretching or decompressing the spine. These devices can be incorporated into various articles of furniture such as chairs, beds, and cushions. As a franchisee, you may use these patented products in your classes and sell them to students or the general public.

It is important to note that while franchisees can resell products protected by Gokhale Method's patents, they do not acquire any rights to the underlying intellectual property. Additionally, the Franchise Agreement does not obligate Gokhale Method to protect these patents or indemnify franchisees if they are sued for infringement related to the use of the patented products. The agreement also does not provide franchisees with any rights if Gokhale Method decides to modify or discontinue the patented products.

Disclaimer: This information is extracted from the 2024 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.