Intellectual Property Regional Franchisor

Owned by Joel K
10, Apr, 2017
1 min read

(a) The National Franchisor grants the Regional Franchisor a non-exclusive, non-transferrable right to copy, use and store the Intellectual Property while operating the Regional Business. 

(b) The Regional Franchisor must not claim ownership of the Intellectual Property. 

(c) The Intellectual Property may not be modified without the National Franchisor’s consent. 

(d) The Regional Franchisor must obtain the National Franchisor’s approval for any advertising, and such advertising must use the national phone number.

(e) The National Franchisor has the exclusive right to determine whether or not any action will be taken in relation to infringement of the Intellectual Property

(f)  Intellectual property brought into the Regional Business by the Regional Franchisor, and any improvements to the Intellectual Property made by the Regional Franchisor, belong to the National Franchisor.

(g) The National Franchisor may amend the Manuals only after the change is first approved by the Advisory Committee, and then sent by written notice to the Regional Franchisor. The change will be rejected if most Regional Franchisors reject it in writing within 30 days of receiving notice, with each of the Regional Franchisors having one vote per regional franchise agreement signed.