What is the meaning of 'description of attached document' in the context of the Big Air Trampoline Park 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 22 — CONTRACTS (FDD page 53)
What This Means (2025 FDD)
According to the 2025 Franchise Disclosure Document, Item 22 lists the contracts attached to the Big Air Trampoline Park franchise offering. These attachments include agreements proposed for use in connection with the franchise. Specifically mentioned are exhibits that provide further details and legal obligations.
The exhibits listed are the Franchise Agreement, the Multi-Unit Development Agreement, the State-Specific Addendum, and the Non-Disclosure and Non-Competition Agreement. These documents outline the contractual obligations and legal framework governing the relationship between Big Air Trampoline Park and its franchisees.
The State-Specific Addendum is particularly important as it tailors the Franchise Disclosure Document, Franchise Agreement, and Multi-Unit Development Agreement to specific state laws. For example, the addendum includes revisions for California, addressing regulations related to the collection and protection of personal information under the California Consumer Privacy Act. It also notes that Big Air Trampoline Park must maintain surety bonds in California due to not demonstrating adequate capitalization.