What agreement is attached as Exhibit H to the Big Air Trampoline Park Franchise Disclosure Document?
Big_Air_Trampoline_Park Franchise · 2025 FDDAnswer from 2025 FDD Document
Attached are the following agreements proposed for use in connection with our offering of franchises:
Exhibit:
- B. Franchise Agreement
- C. Multi-Unit Development Agreement
- F. State-Specific Addendum
- H. Non-Disclosure and Non-Competition Agreement
Source: Item 15 — OBLIGATION TO PARTICIPATE IN THE ACTUAL OPERATION OF THE FRANCHISE BUSINESS (FDD pages 40–41)
What This Means (2025 FDD)
According to the 2025 Big Air Trampoline Park Franchise Disclosure Document, Exhibit H is the Nondisclosure and Noncompetition Agreement. This agreement is proposed for use in connection with the offering of franchises.
For a prospective franchisee, this means that as part of the franchise agreement, they will be required to sign a Non-Disclosure and Non-Competition Agreement. This agreement likely restricts the franchisee from disclosing confidential information about Big Air Trampoline Park's business operations and prevents them from competing with Big Air Trampoline Park during and after the franchise term within a specified geographic area.
It is important for potential franchisees to carefully review the terms of the Non-Disclosure and Non-Competition Agreement with legal counsel to understand the scope of the restrictions and their potential impact on future business opportunities. These agreements are common in franchising to protect the franchisor's proprietary information and market share.