What agreement must be signed before attending the Bonchon Initial Training Program or Partner Training Program?
Bonchon Franchise · 2025 FDDAnswer from 2025 FDD Document
In addition, any attendee of the Initial Training Program or Partner Training Program must sign and return to us the Trainee Waiver, Assumption of Risk and Indemnification Agreement in the form of Exhibit I to this Agreement, prior to such attendance.
Source: Item 23 — RECEIPTS (FDD pages 92–536)
What This Means (2025 FDD)
According to Bonchon's 2025 Franchise Disclosure Document, any attendee of either the Initial Training Program or the Partner Training Program must sign and return the Trainee Waiver, Assumption of Risk and Indemnification Agreement before attending. This agreement is in the form of Exhibit I to the Franchise Agreement.
This requirement ensures that Bonchon has a formal acknowledgment of the risks involved in the training and a commitment from the trainee to indemnify Bonchon against any liabilities. This is a common practice in franchising, especially when the training involves hands-on activities or potential safety risks.
Prospective franchisees should carefully review Exhibit I to understand the full scope of the waiver, assumption of risk, and indemnification obligations before signing. It is advisable to consult with legal counsel to fully understand the implications of this agreement.