Where in the Fitstop Franchise Agreement can I find information regarding non-competition covenants?
Fitstop Franchise · 2024 FDDAnswer from 2024 FDD Document
| Section(s) in Franchise | Item in Disclosure | |
|---|---|---|
| Obligation | ||
| Agreement | Document | |
| Post-termination obligations | §§ 14, 15, 16, and 18 | Item 17 |
| Non-competition covenants | § 18 | Item 17 |
| Dispute resolution | § 19 | Item 17 |
Source: Item 9 — FRANCHISEE'S OBLIGATIONS (FDD pages 23–24)
What This Means (2024 FDD)
According to Fitstop's 2024 Franchise Disclosure Document, Item 9 outlines the franchisee's obligations, including where to find more information within the Franchise Agreement and the Disclosure Document itself. Specifically, details regarding non-competition covenants can be found in Section 18 of the Franchise Agreement.
Item 17 of the Disclosure Document also contains information pertaining to non-competition covenants. This suggests that Item 17 provides additional details or context related to the non-competition obligations outlined in Section 18 of the Franchise Agreement.
Therefore, a prospective Fitstop franchisee should carefully review both Section 18 of the Franchise Agreement and Item 17 of the Disclosure Document to fully understand the terms and conditions of the non-competition covenants. Understanding these obligations is crucial as they dictate what a franchisee can and cannot do during and after the franchise term, potentially impacting their future business endeavors.