factual

What does Hyper Kidz consider to be the definition of 'Domain Name' in the context of the franchise agreement?

Hyper_Kidz Franchise · 2024 FDD

Answer from 2024 FDD Document

  • 2.1.3 "Domain Name" The internet domain name selected or used in connection with a Hyper Kidz Business and any other domain names that may be utilized by us or which we may authorize you to use.

Source: Item 22 — CONTRACTS (FDD page 52)

What This Means (2024 FDD)

According to the 2024 Hyper Kidz Franchise Disclosure Document, a 'Domain Name' is defined as the internet domain name selected or used in connection with a Hyper Kidz Business. This also includes any other domain names that may be utilized by Hyper Kidz or which Hyper Kidz may authorize the franchisee to use.

This definition is important for prospective franchisees because it clarifies that the domain name used for their Hyper Kidz Business is subject to the franchisor's control and authorization. While the franchisee may use a domain name in connection with their business, Hyper Kidz retains the right to utilize other domain names or authorize the franchisee to use additional domain names. This ensures that Hyper Kidz maintains control over its brand and online presence.

Furthermore, upon termination or expiration of the franchise agreement, Hyper Kidz has specific rights regarding the domain name. Hyper Kidz may request the franchisee to assign to them all internet listings, domain names, internet advertising, websites, listings with search engines, electronic mail addresses, social media, or any other similar listing or usages related to the Franchised Business. The franchisee may also be required to terminate any website that identifies them as currently or formerly associated with Hyper Kidz or that displays any Mark, as well as terminate any domain name of such website. This highlights the importance of understanding the terms and conditions related to domain name usage in the franchise agreement.

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.