factual

What agreement limits the use of Ledgers' copyrights?

Ledgers Franchise · 2025 FDD

Answer from 2025 FDD Document

There are no agreements that limits the use of our copyrights, except the confidentiality duties in your Franchise Agreement, which requires you to keep our confidential information confidential. We have no duty to protect our copyrights or defend you against claims arising from your use of our copyrighted items.

Source: Item 14 — PATENTS, COPYRIGHTS AND PROPRIETARY INFORMATION (FDD pages 36–37)

What This Means (2025 FDD)

According to Ledgers' 2025 Franchise Disclosure Document, the use of its copyrights is limited by the confidentiality duties outlined in the Franchise Agreement. Ledgers claims a copyright to its Operations Manual, marketing material such as website text, and other printed material, considering these items confidential and proprietary.

This means that as a franchisee, you are obligated to maintain the confidentiality of Ledgers' proprietary information, including the Operations Manual and marketing materials. You can only use this information as authorized by the Franchise Agreement to fulfill your obligations as a franchisee. Dissemination of confidential information should be limited to individuals with a need-to-know basis who have been informed of its proprietary nature.

Upon termination of the Franchise Agreement, you are required to return the Operations Manuals and any confidential information to Ledgers. This underscores the importance of protecting Ledgers' intellectual property and maintaining its confidentiality both during and after the franchise term. Ledgers does not have a duty to protect its copyrights or defend franchisees against claims arising from their use of copyrighted items.

Disclaimer: This information is extracted from the 2025 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.