What is the meaning of 'attached document' in the context of the Big Air Trampoline Park document?
Big_Air_Trampoline_Park Franchise · 2025 FDDAnswer from 2025 FDD Document
[Item 22: CONTRACTS]
ITEM 22 CONTRACTS
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 22 — CONTRACTS (FDD page 53)
What This Means (2025 FDD)
According to the 2025 Big Air Trampoline Park Franchise Disclosure Document, the phrase 'attached document' refers to specific agreements and exhibits that are included with the FDD. These documents provide detailed information about the legal and contractual obligations of both the franchisor and the franchisee.
Specifically, Item 22 lists several key agreements as exhibits. These include Exhibit B, the Franchise Agreement, which outlines the core terms and conditions of the franchise relationship. Exhibit C, the Multi-Unit Development Agreement, is relevant for franchisees planning to open multiple Big Air Trampoline Park locations. Exhibit F, the State-Specific Addendum, contains modifications to the FDD and agreements to comply with specific state laws. Finally, Exhibit H, the Non-Disclosure and Non-Competition Agreement, protects Big Air Trampoline Park's confidential information and restricts franchisees from competing with the brand during and after the franchise term.
Prospective franchisees should carefully review all attached documents with legal counsel to fully understand their rights and obligations before signing any agreements. The State-Specific Addendum is particularly important as it highlights variations in the standard agreements based on the franchisee's location, ensuring compliance with local regulations. Understanding these attached documents is a critical part of the due diligence process for anyone considering investing in a Big Air Trampoline Park franchise.