How is the term 'affiliate' defined in the Hydrodog Franchise Agreement?
Hydrodog Franchise · 2025 FDDAnswer from 2025 FDD Document
- (b) The term "affiliate" means any Business Entity directly or indirectly owned or controlled by a person, under common control with a person or controlled by a person.
Source: Item 23 — RECEIPTS (FDD pages 43–166)
What This Means (2025 FDD)
According to Hydrodog's 2025 Franchise Disclosure Document, the term 'affiliate' is specifically defined within the franchise agreement. This definition is important because it clarifies the relationships Hydrodog may have with other business entities, and how those relationships could potentially impact franchisees.
Specifically, the Hydrodog Franchise Agreement states that an 'affiliate' means any Business Entity directly or indirectly owned or controlled by a person, under common control with a person or controlled by a person. In simpler terms, this includes any company or entity that is either owned by the same individual or group that owns or controls Hydrodog, or any entity that Hydrodog itself controls. This definition is fairly standard in franchise agreements.
For a prospective Hydrodog franchisee, understanding this definition is crucial. It helps to identify potential conflicts of interest, understand the source of approved suppliers (as franchisees may be required to purchase from Hydrodog's affiliates), and assess the overall business network associated with the Hydrodog franchise. Franchisees should pay close attention to any dealings they may have with Hydrodog's affiliates, ensuring that all terms are fair and transparent.