What is the section number for 'Definitions' in the Lees Famous Recipe Franchise Agreement?
Lees_Famous_Recipe Franchise · 2025 FDDAnswer from 2025 FDD Document
| THIS FRANCHISE AGREEMENT ("Agreement") is made and entered into this day |
|---|
| of, 20, (the "Effective Date") between Lee's Franchisor LLC, a Delaware |
| limited liability company, with a principal place of business at 1270 N. Eglin Parkway, Suite C-14, |
| Shalimar, Florida 32579 ("we" or "us"), and, a |
| [corporation / limited liability company / partnership] with a principal |
| place of business at ("you"). |
| INTRODUCTION |
| A. |
| We have developed and own a System (as defined below) relating to the development and |
| operation of quick service restaurants that sell chicken, biscuits, and other approved food and beverage |
| products sold by Lee's Famous Recipe Restaurants. |
| B. |
| We own the "Lee's Famous Recipe®," "Famous Recipe®," and "Lee's: Famous for |
| Chicken®" service marks, and other related trademarks and service marks as we periodically may modify |
| (the "Marks") used in operating the System. |
| C. |
| We grant qualified persons the right to develop, own and operate a Franchised Business |
| (as defined below) at a specific location. |
| D. |
| You desire to obtain the right to develop and operate a Restaurant using the System at a |
| specific location. |
| AGREEMENTS |
| In consideration of the mutual covenants and agreements stated below, the parties agree as follows: |
| 1. |
| DEFINITIONS |
| A. |
| "Annual Conference" means |
| any annual franchise conference that we sponsor or |
| designate. |
| B. |
| "Authorized Location" means the location of your Restaurant that we review and approve |
| in writing. |
| C. |
| "Authorizing Documents" means your articles of incorporation, bylaws, operating |
| agreement or other organizational documents. |
| D. |
| "Brand Cooperative Advertising Fund" or "Fund" has the meaning given to it in Section |
| 5(A) of this Agreement. |
| E. |
| "Brand Cooperative Advertising Fund Fee" has the meaning given to it in Section 4(C) of |
Source: Item 22 — CONTRACTS (FDD pages 69–70)
What This Means (2025 FDD)
According to Lees Famous Recipe's 2025 Franchise Disclosure Document, the 'Definitions' section is Section 1 of the Franchise Agreement. This section provides the meaning of specific terms used throughout the agreement. Understanding these definitions is crucial for a franchisee to fully grasp their rights, responsibilities, and obligations under the franchise agreement.
For example, the Franchise Agreement defines terms such as "Annual Conference," "Authorized Location," and "Authorizing Documents." Each of these terms has a specific meaning within the context of the agreement, and these definitions help to avoid ambiguity or misinterpretation. The definitions also reference other sections of the agreement, such as the definition of "Brand Cooperative Advertising Fund" which refers to Section 5(A) of the agreement, and the definition of "Brand Cooperative Advertising Fund Fee" which refers to Section 4(C) of the agreement.
Prospective franchisees should carefully review all definitions in Section 1 to ensure they have a clear understanding of the terms used in the Franchise Agreement. This will help them make informed decisions and avoid potential disputes with Lees Famous Recipe during the term of the franchise.