Does the Big Blue Swim School Franchise Agreement have an exhibit?
Big_Blue_Swim_School Franchise · 2025 FDDAnswer from 2025 FDD Document
EXHIBITS
Exhibit A – Basic Terms
Exhibit B – Guaranty and Assumption of Obligations
Exhibit C – Franchisee and Its Owners
Exhibit D – Lease Rider
Source: Item 22 — CONTRACTS (FDD pages 75–76)
What This Means (2025 FDD)
According to the 2025 Big Blue Swim School Franchise Disclosure Document, the Franchise Agreement includes multiple exhibits. Specifically, Exhibit A outlines the Basic Terms, including the exclusive Site Selection Area and the Area of Protection. Exhibit B consists of the Guaranty and Assumption of Obligations. Exhibit C pertains to the Franchisee and its Owners. Exhibit D includes a Lease Rider that contains lease provisions for Big Blue Swim School franchises.
Exhibit A is particularly important as it defines the franchisee's territory, both in terms of site selection and the Area of Protection. The Area of Protection dictates where Big Blue Swim School will not open another franchise, giving the franchisee a degree of exclusivity. The FDD states that the franchisor may modify the Area of Protection under certain conditions with prior written permission.
The inclusion of a Lease Rider as Exhibit D indicates the importance Big Blue Swim School places on the lease agreement. This rider contains specific language that must be included in the lease for the franchisee's location, ensuring that the lease aligns with the franchisor's requirements. This is a common practice in franchising, as the franchisor wants to protect its brand and ensure consistent operations across all locations.
In addition to the exhibits defining specific terms, the FDD also lists other contracts and documents as exhibits, such as the Franchise Agreement itself (Exhibit B as listed in Item 22), the Development Rights Agreement (Exhibit C as listed in Item 22), the Franchisee Representations Document (Exhibit F), the Form of General Release (Exhibit G), State-Specific Agreement Riders (Exhibit H), and the Software as a Service Agreement (Exhibit I). This comprehensive list of exhibits highlights the complexity and the number of legal documents involved in the franchising process.