factual

How is the 'Franchise Agreement' defined within the Big Air Trampoline Park agreement?

Big_Air_Trampoline_Park Franchise · 2025 FDD

Answer from 2025 FDD Document

For the purposes of this Agreement, the following are hereby defined:

  • (a) "Agreement" means this agreement, attachments, and all instruments in amendment hereof.

Source: Item 23 — RECEIPT (FDD pages 53–255)

What This Means (2025 FDD)

According to the 2025 Big Air Trampoline Park Franchise Disclosure Document, the term "Agreement" is defined within the context of the franchise relationship. Specifically, the Franchise Agreement encompasses the primary agreement document itself, along with any attachments and any amendments made to it over time. This definition clarifies the scope of the agreement, ensuring that all related documents and changes are considered part of the binding contract between Big Air Trampoline Park and the franchisee.

For a prospective franchisee, this definition is important because it means they must consider not only the main Franchise Agreement but also any attachments (such as those detailing the territory or required build-out specifications) and any amendments that might be added during the franchise term. These attachments and amendments can modify the original terms, so understanding that they are legally part of the agreement is crucial. Franchisees should carefully review all attachments and amendments with legal counsel to fully understand their rights and obligations.

This definition is fairly standard in franchising. It is common practice for franchise agreements to incorporate attachments and amendments, as these allow for flexibility and adjustments to the agreement over time. However, it places a responsibility on the franchisee to maintain thorough records of all documents related to the franchise agreement to ensure compliance and awareness of their contractual obligations with Big Air Trampoline Park.

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.