For Precision Door Service, does the Assignee's indemnification include the Franchisor's agents?
Precision_Door_Service Franchise · 2025 FDDAnswer from 2025 FDD Document
- B. Assignee, for itself, its heirs, successors and assigns, agrees to indemnify and hold harmless Franchisor, its affiliates, successors, assigns, officers, directors, employees, agents, and each of them, against any and all liabilities, damages, actions, claims, costs (including reasonable attorneys' fees) or expenses of any nature resulting, directly or indirectly, from any of the following: (i) any misrepresentations or breach of warranty by Assignee under this Agreement; or (ii) the Assignment.
Source: Item 23 — Receipts (FDD pages 92–433)
What This Means (2025 FDD)
According to the 2025 Precision Door Service Franchise Disclosure Document, the Assignee's indemnification does extend to the Franchisor's agents. Specifically, the Assignee agrees to protect the Franchisor and its associated parties from potential liabilities and expenses.
This means that if the Assignee's actions or misrepresentations lead to legal claims or damages against Precision Door Service, the Assignee is responsible for covering the costs. This protection extends not only to the Franchisor itself but also to its affiliates, successors, assigns, officers, directors, employees, and agents. The indemnification covers a broad range of potential issues, including legal actions, claims, and associated costs like attorney's fees.
For a prospective Precision Door Service franchisee, this clause highlights the importance of fulfilling all obligations and representations made during the assignment process. Any missteps or breaches of warranty by the Assignee could result in significant financial responsibility. It is a standard practice in franchising to include indemnification clauses to protect the franchisor from liabilities arising from the franchisee's operation of the business.