factual

Does the Spray Net Franchise Agreement include an exhibit related to 'Conditional Assignment of Telephone/Facsimile Numbers and Domain Names'?

Spray_Net Franchise · 2025 FDD

Answer from 2025 FDD Document

Exhibit A: Data Sheet

Exhibit B: Personal Guaranty

Exhibit C: Collateral Assignment and Assumption of Lease

Exhibit D: EFT Authorization Form

Exhibit E: Confidentiality and Restrictive Covenant Agreement (for use by Franchisee for Management Personnel of the Franchised Business and Officers/Directors of the Franchisee)

Exhibit F: Conditional Assignment of Telephone/Facsimile Numbers and Domain Names

Exhibit G: Spray-Network Terms and Conditions

Source: Item 23 — RECEIPTS (FDD pages 75–219)

What This Means (2025 FDD)

Yes, according to Spray Net's 2025 Franchise Disclosure Document, the Franchise Agreement includes an exhibit specifically addressing the conditional assignment of telephone and facsimile numbers, as well as domain names. Exhibit F to the Franchise Agreement outlines the terms under which a franchisee conditionally assigns these assets to Spray-Net Inc. This assignment becomes effective upon the termination or expiration of the franchise agreement.

Upon termination or expiration, the franchisee is obligated to take all necessary actions to ensure the assignment of the telephone numbers, facsimile numbers, and domain names to Spray Net. This includes cooperating with telephone companies and domain name registrars to facilitate the transfer as if Spray Net were the original owner of these assets. The franchisee is also responsible for paying any outstanding amounts owed for the use of the assigned property up to the date the assignment becomes effective and must indemnify Spray Net for any costs they incur to effectuate the agreement.

This provision ensures that Spray Net can maintain continuity and control over its brand identity and customer communications even after a franchise agreement ends. It prevents potential confusion among customers who might associate the phone numbers and domain names with the Spray Net brand. The franchisee gives Spray Net the right to take control of these assets, which is a fairly standard practice in franchising to protect the brand and customer relationships.

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.