When signing the Indemnification Agreement for Bonchon, what does the parent/guardian acknowledge regarding their responsibility for the minor participant's obligations and acts?
Bonchon Franchise · 2025 FDDAnswer from 2025 FDD Document
ceable, all other provisions shall nevertheless be effective.
IN WITNESS WHEREOF, each of the undersigned has executed this Guarantee effective as of the date of the Franchise Agreement.
| 3. The prohibition | by Indiana Code | 23-2-2.7-1(7) | against unilateral | termination of the | area | |---|---|---|---|---|---|
EXHIBIT I TO BONCHON FRANCHISE AGREEMENT TRAINEE WAVER, ASSUMPTION OF RISK AND INDEMNIFICATION AGREEMENT
TRAINEE WAIVER, ASSUMPTION OF RISK AND INDEMNIFICATION AGREEMENT
| 5. Section | 11.02 | of the Area | Development Agreement | ("Enforcement of Covenants | Not to | |---|---|---|---|---|---| | Compete") will not apply to area franchises offered and sold in the State of Indiana. | | | | | |
If Participant is under 18 years of age:
| I am the parent or legal guardian of the Participant. Agreement on behalf of the minor Participant,, as a legal guardian or natural parent. I understand the legal consequences of signing Agreement including (a) Indemnification Agreement (b) promising Participant's behalf, and (c) assuming all risks of the including travel to, from and during the Activity. understand that I am responsible for the obligations and acts | As such I have executed this Indemnification this Indemnification not to sue on my and the Participant's participation in this Activity, I allow Participant to participate Activity. I of Participant as described in this |
|---|---|
| document. I agree | |
| to | |
| be | |
| bound | |
| by | |
| the | |
| terms of | |
| this | |
| document. | |
| I have read this two-page document, | and voluntarily. |
| and I am | |
| signing it freely | |
| Signature of Minor Participant's Parent/Guardian | |
| Name | |
| of Minor Participant's Parent/Guardian (print) | |
| Minor Participant's Name |
Source: Item 23 — RECEIPTS (FDD pages 92–536)
What This Means (2025 FDD)
According to Bonchon's 2025 Franchise Disclosure Document, when a parent or legal guardian signs the Indemnification Agreement on behalf of a minor participant, they acknowledge several key points. The parent confirms they understand the legal consequences of signing the agreement, which includes the Indemnification Agreement itself, promising to not sue on the minor's behalf, and assuming all risks associated with the minor's participation in the activity, including travel.
Specifically, the parent acknowledges that they are responsible for the obligations and acts of the minor participant as described in the document. By signing, the parent agrees to be bound by the terms of the document. This indicates that the parent is taking on legal and financial responsibility for any liabilities or damages that may arise from the minor's actions during their participation.
This requirement ensures that Bonchon has recourse in case of any issues caused by a minor participant, as minors typically cannot be held fully accountable for their actions in the same way as adults. The parent's signature provides a layer of protection for Bonchon, transferring the responsibility for the minor's conduct to a legally responsible adult. Prospective franchisees should be aware of this requirement if they plan to involve minors in any activities related to the Bonchon franchise.