factual

Does the Big Air Trampoline Park Multi-Unit Development Agreement allow for termination by the franchisee?

Big_Air_Trampoline_Park Franchise · 2025 FDD

Answer from 2025 FDD Document

Provision Section in Multi- Unit Development Agreement
d. Termination by you Not Applicable

Source: Item 17 — RENEWAL, TERMINATION, TRANSFER AND DISPUTE RESOLUTION (FDD pages 41–46)

What This Means (2025 FDD)

According to Big Air Trampoline Park's 2025 Franchise Disclosure Document, the table summarizing the Multi-Unit Development Agreement indicates that termination by the franchisee is "Not Applicable."

This means that the Multi-Unit Development Agreement does not explicitly grant the franchisee the right to terminate the agreement under specific conditions. This is a notable point for potential franchisees, as it limits their options should they wish to exit the agreement before its natural expiration. Franchise agreements typically outline conditions under which either party can terminate the agreement, and the absence of a termination clause for the franchisee places greater responsibility on them to fulfill the agreement's obligations.

Prospective Big Air Trampoline Park franchisees should carefully consider this limitation and seek legal counsel to fully understand the implications of not having a termination clause in the Multi-Unit Development Agreement. They may also want to discuss with the franchisor the circumstances under which a mutual termination might be considered, even though it is not formally provided for in the agreement.

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.