What is the franchisee's limited warranty regarding access to software licensed or controlled by the franchisee for The Standardx?

According to The Standardx's 2025 Franchise Disclosure Document, the franchisee warrants that access by Hyatt to software licensed or controlled by the franchisee is permitted under applicable third-party license agreements. The franchisee also warrants that Hyatt's performance of IT Project Management Services will not constitute a misappropriation of any intellectual property or other proprietary or contractual rights of any third party or a violation of any applicable law, regulation, rule, or order, except with respect to systems owned or controlled by Hyatt or a vendor selected by Hyatt.

This means that as a The Standardx franchisee, you are responsible for ensuring that Hyatt has the legal right to access any software you license or control. You also guarantee that Hyatt's IT project management services will not infringe on any third-party rights or violate any laws. This protects Hyatt from potential legal issues arising from their access to and use of your software.

It is important for prospective franchisees to carefully review all third-party license agreements related to software used in their The Standardx business to ensure compliance with these warranties. Failure to comply could result in legal liabilities for both the franchisee and Hyatt. Franchisees should consult with legal counsel to fully understand their obligations and potential risks associated with these warranties.