Can the Gokhale Method modify or discontinue use of the Marks?
Gokhale_Method Franchise · 2024 FDDAnswer from 2024 FDD Document
- 9.3.3. We reserve the right, in our sole discretion, to modify, add to, or discontinue use of the Marks, or to substitute different Marks, for use in identifying the System and the businesses operating thereunder. You agree that if we change the Marks that you will comply with any changes we require you to make at your expense.
Source: Item 22 — CONTRACTS (FDD page 34)
What This Means (2024 FDD)
According to Gokhale Method's 2024 Franchise Disclosure Document, Gokhale Method retains the right to modify or discontinue the use of its Marks. This means that Gokhale Method has the authority to change, add to, or stop using its trademarks or substitute them with different ones. These Marks are used to identify the Gokhale System and the businesses operating under it.
If Gokhale Method decides to change the Marks, franchisees are obligated to comply with these changes at their own expense. This could involve updating signage, marketing materials, and other branded items to reflect the new Marks.
This clause is important for prospective franchisees to consider, as it highlights the potential for unexpected costs and the need to stay adaptable to changes implemented by Gokhale Method. While franchisors commonly retain control over their trademarks, franchisees should be aware of the financial implications of rebranding and ensure they have the resources to comply with any changes Gokhale Method might make.