Does the Gokhale Method retain rights to the Marks, the System and Gokhale Method businesses worldwide?
Gokhale_Method Franchise · 2024 FDDAnswer from 2024 FDD Document
Except for rights expressly granted to you under the Franchise Agreement, we retain all of our rights with respect to the Marks, the System and Gokhale Method businesses anywhere in the world, including the rights set forth in Section 2.2 of the Franchise Agreement, without compensation to you.
Source: Item 12 — TERRITORY (FDD pages 23–24)
What This Means (2024 FDD)
According to the 2024 Gokhale Method Franchise Disclosure Document, Gokhale Method retains all rights to the Marks, the System, and Gokhale Method businesses worldwide, except for the rights expressly granted to the franchisee in the Franchise Agreement.
This means that while franchisees are granted certain rights to operate under the Gokhale Method brand and system, Gokhale Method maintains ultimate control and ownership of its intellectual property and business operations globally. The rights retained by Gokhale Method are detailed in Section 2.2 of the Franchise Agreement, but the specific details of Section 2.2 are not included in this excerpt.
For a prospective franchisee, this underscores the importance of carefully reviewing the Franchise Agreement to understand the scope and limitations of the rights they are granted. It also highlights the potential for Gokhale Method to expand or modify its business operations, trademarks, or systems without necessarily providing additional rights or compensation to existing franchisees. A potential franchisee should inquire about Section 2.2 of the Franchise Agreement to fully understand the rights retained by Gokhale Method.