What does the Jack In The Box Disclosure Document refer to as 'Receipts'?
Jack_In_The_Box Franchise · 2025 FDDAnswer from 2025 FDD Document
[Item 23: RECEIPT]
DEVELOPMENT AGREEMENT
THIS DEVELOPMENT AGREEMENT ("Agreement") is dated , , and entered into in the City of San Diego, State of California, by and between DIFFERENT RULES, LLC, a Delaware limited liability company, having its principal place of business at 9357 Spectrum Center Blvd, San Diego, California 92123, ("Company") and , whose address is ("Developer"), who agree as follows:
- **1.
RECITALS**.
This Agreement is made and entered into with reference to the following facts and circumstances:
- A.
Company is the owner of the name Jack in the Box® and certain other service marks, trademarks, names, logos and commercial symbols which are authorized for use from time to time in connection with the Jack in the Box restaurants (the "Marks").
- B.
Company has expended time, effort and money to develop a distinctive restaurant format and operating system utilizing specialized and unique techniques, knowledge, expertise, skill and proprietary information.
The restaurant format and operating system includes but is not limited to, management and operating systems and controls and uniform standards, specifications and procedures for the purchase, preparation and sale of food and beverage products and the operation of quick service restaurants, and a distinctive building design, decor and color scheme (the "System").
- C.
The System includes, among other things, the following elements, all of which may be deleted, changed, improved or further developed by Company from time to time: (a) know-how, specifications, methods and procedures for the content, preparation, marketing and sale of food and beverages which are described in operating manuals for Jack in the Box restaurants and in other written materials; (b) plans and specifications for distinctive, standardized premises and interior and exterior formats, styles, designs, decors, fixtures, equipment, layouts and signs which are described in operating manuals for Jack in the Box restaurants and other written materials; and (c) a public image that each Jack in the Box restaurant is a unit in an established quick service restaurant system and that all Jack in the Box restaurants are operated with high standards for product quality and service and aesthetic effect of the restaurant premises.
- D.
Source: Item 23 — RECEIPT (FDD pages 94–634)
What This Means (2025 FDD)
Based on the 2025 Jack In The Box Franchise Disclosure Document excerpts provided, the term 'Receipts' appears as a heading (Item 23: RECEIPT) within various sections of legal agreements. However, the excerpts do not define 'Receipts' or explain what the term refers to within the context of the Jack In The Box franchise operation. The excerpts primarily focus on outlining the rights, responsibilities, and agreements between Jack In The Box (the company) and the developer, licensee, or franchisee. These agreements cover aspects such as the use of trademarks, the operating system, and the protection of confidential information. The term 'Receipts' is used as a title for sections detailing recitals and general provisions, but its specific meaning is not elaborated upon.
Without a clear definition of 'Receipts' in the provided excerpts, it is difficult to determine its precise role in the franchise agreement. The surrounding text suggests that these sections deal with the formal acknowledgments, understandings, and permissions related to the franchise relationship. For instance, the recitals section outlines the background and intentions of both parties entering into the agreement, while the general provisions cover aspects like access to equipment and confidentiality.
To fully understand what 'Receipts' encompasses, a prospective Jack In The Box franchisee should consult the complete Franchise Disclosure Document and seek clarification from the franchisor. Specifically, they should inquire about the types of documents or records that fall under this heading, how these receipts are used in the context of the franchise operation, and any obligations or requirements associated with them. Understanding the scope of 'Receipts' is crucial for ensuring compliance and managing the franchise effectively.