factual

Where can I find the Listing Assignment Agreement exhibit for Pump It Up?

Pump_It_Up Franchise · 2025 FDD

Answer from 2025 FDD Document

If you fail to do so, we may take whatever action and sign whatever documents we deem appropriate on your behalf and consistent with the Listing Assignment Agreement attached to this Agreement as Exhibit 6 to effectuate these events; and

Source: Item 22 — CONTRACTS (FDD page 59)

What This Means (2025 FDD)

According to Pump It Up's 2025 Franchise Disclosure Document, the Listing Assignment Agreement is included as Exhibit 6 to the Pump It Up Franchise Agreement. This agreement is relevant when a franchisee's right to use telephone numbers, social media handles, URLs, domain names, and directory listings associated with any mark is terminated or expires.

Under the Listing Assignment Agreement, the franchisee agrees to promptly notify the telephone company, directory publishers, social media companies, and domain name registries of the termination or expiration of their rights to use associated numbers and names. They must also authorize the transfer of these assets to Pump It Up or a third party designated by Pump It Up. If the franchisee fails to comply, Pump It Up can take action and sign documents on their behalf to effectuate these transfers.

This agreement ensures that Pump It Up maintains control over its brand identity and customer communications even after a franchise terminates. It protects the brand from potential misuse of its listings and ensures a smooth transition of these assets. The franchisee is responsible for making alterations to distinguish their business from its former appearance and other Pump It Up businesses to prevent public confusion if Pump It Up does not exercise its option to purchase the assets of the franchised business.

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.