What is the purpose of the California All-Purpose Acknowledgement in the Big Air Trampoline Park FDD?
Big_Air_Trampoline_Park Franchise · 2025 FDDAnswer from 2025 FDD Document
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Kevin E. Hughes, Assistant Secretary
To verify the authenticity of this Power of Attorney, please call us at 1-800-421-3880.
Please refer to the above-named Attorney(s)-in-Fact and the details of the bond to which this Power of Attorney is attached.
ACKNOWLEDGMENT:
portion of the Franchise Agreement and/or the Multi-Unit Development Agreement dated the , 20, and of the Franchise Disclosure Document, but only to the extent they are then valid requirements of an applicable and enforceable state law, and for only so long as such state law remains in effect, and the parties further acknowledge and agree that this State-Specific Addendum is applicable only to those persons specifically subject
Source: Item 22 — CONTRACTS (FDD page 53)
What This Means (2025 FDD)
According to the 2025 Big Air Trampoline Park Franchise Disclosure Document, the State-Specific Addendum, including the acknowledgement, applies only to individuals residing or operating a Big Air Trampoline Park business in specific states, including California. It acknowledges that certain portions of the Franchise Agreement, Multi-Unit Development Agreement, and Franchise Disclosure Document are valid only to the extent they align with and are required by applicable and enforceable state laws. This acknowledgement is valid only as long as the state law remains in effect and the parties are subject to the protections of the state laws referenced in the addendum.
For a prospective franchisee in California, this means that certain provisions within the franchise agreement might be altered or superseded by California-specific laws. This could cover aspects such as termination rights, transfer rights, non-renewal clauses, or non-compete agreements. The addendum ensures that franchisees' rights under California law are protected, even if the standard franchise agreement contains conflicting terms.
Big Air Trampoline Park franchisees should carefully review the State-Specific Addendum to understand how California law modifies the standard franchise agreement. It is also important to stay informed about any changes to California franchise laws that could further impact the franchisee's rights and obligations. Consulting with a legal professional experienced in franchise law is advisable to fully understand the implications of the State-Specific Addendum and how it interacts with the franchise agreement.