In the Hydrodog Guaranty, what is the full legal name and state of formation of the company referred to as "we," "us," or "our"?
Hydrodog Franchise · 2025 FDDAnswer from 2025 FDD Document
- 1.3 Business Organization. If you are at any time a business organization ("Business Entity") (like a corporation, limited liability company or partnership) you agree and represent that:
- (a) you have the authority to execute, deliver and perform your obligations under this Agreement and are duly organized or formed and validly existing in good standing under the laws of the state of your incorporation or formation, and you have provided us with sufficient evidence of the same;
- (b) your organizational or governing documents will recite that the issuance and transfer of any ownership interests in you are restricted by the terms of this Agreement, and all certificates and other documents representing ownership interests in you will bear a legend referring to the restrictions of this Agreement; and you will provide us with copies of these documents for our review.
- (c) the Principal Owners Statement will completely and accurately describe all of your owners and their interests in you. A copy of our current form of Principal Owners Statement is attached to the Franchise Disclosure Document you were furnished;
- (d) you and your owners agree to revise the Principal Owners Statement as may be necessary to reflect any ownership changes and to furnish such other information about your organization or formation as we may request (no ownership changes may be made without our approval);
- (e) each of your owners during the Term will sign and deliver to us our standard form of Principal Owner's Guaranty undertaking to be bound jointly and severally by all provisions of this Agreement and any other agreements between you and us, and any
Source: Item 23 — RECEIPTS (FDD pages 43–166)
What This Means (2025 FDD)
Based on the 2025 Hydrodog Franchise Disclosure Document excerpts, the specific full legal name and state of formation of the company referred to as "we," "us," or "our" in the context of the Hydrodog Guaranty is not explicitly stated. However, the document does refer to 'us' as the franchisor and outlines certain requirements and rights pertaining to the franchisor.
Specifically, the FDD mentions that if a franchisee is a business entity, they must be duly organized or formed and validly existing in good standing under the laws of their state of incorporation or formation. The franchisee must also provide Hydrodog with sufficient evidence of this. Additionally, the franchisee's organizational documents must acknowledge that the issuance and transfer of ownership interests are restricted by the franchise agreement.
To determine the exact legal name and state of formation of the franchisor ('we', 'us', or 'our') for the Hydrodog franchise, a prospective franchisee should directly ask the franchisor for this information. This detail is crucial for legal and business due diligence before entering into a franchise agreement.