What specific obligations of nondisclosure, noncompetition, and indemnification do the Multi-Unit Developer and its principals of Big Air Trampoline Park continue to be responsible for after a transfer?

According to Big Air Trampoline Park's 2025 Franchise Disclosure Document, even after a transfer of a Big Air Trampoline Park, the Multi-Unit Developer and its principals remain liable for all direct and indirect obligations to Big Air Trampoline Park that occurred before the transfer's effective date. Specifically, they continue to be responsible for their obligations regarding nondisclosure, noncompetition, and indemnification. These obligations are detailed in the Franchise Agreements and Personal Guaranty, which are attached to the agreement as Attachment C.

To ensure this continued liability is clear, the Multi-Unit Developer and its principals must sign any instruments reasonably requested by Big Air Trampoline Park to further evidence this liability. This ensures that Big Air Trampoline Park can legally pursue the former Multi-Unit Developer and their principals if any breaches of nondisclosure, noncompetition, or indemnification occur related to the period before the transfer.

This requirement protects Big Air Trampoline Park by ensuring that previous developers remain accountable for their actions and obligations, even after transferring their interest in the franchise. It also provides clarity and legal recourse for Big Air Trampoline Park should any issues arise from the Multi-Unit Developer's prior conduct. Prospective franchisees should carefully review Attachment C to fully understand the scope and terms of these ongoing obligations.