We have an agreement with one corporation
that has a partnership
with several other companies, which each is a separate corporation. The question we have is whether or not the agreement we have with the one corporation automatically allows the privileges we give the one corporation, the same privileges with all the others that they are partners with?
The agreement we have is with only one corporation who’s name has been omitted below, which their structure is explained below.
“ The partnership story of [Omitted] is its heart and soul. It is our fundamental belief – evidenced by our success – that our business
model, based upon our concept of retained equity, is our true difference. We are NOT a franchise
system, but we are partnership network.”
It was not our intentions to give the same privileges to all their partners, and we specifically told them this when negotiating the agreement that each of the distinct corporations
would need to pay for a separate provider agreement with us, if they wanted one.
Our agreement is purely between our corporation and their corporation, and no others. Are we correct in assuming that our agreement is only with one entity, and not with any of their separate corporations that have partnered up with?