factual

Where can I find the Confidentiality and Non-Compete Agreement attachment related to the Fly Fitness franchise agreement?

Fly_Fitness Franchise · 2024 FDD

Answer from 2024 FDD Document

Please return signed receipt to Fly Fitness Franchise, L.L.C. 201 N. 13th Street Lincoln, Nebraska 68508

EXHIBIT I

RECEIPT

This Franchise Disclosure Document summarizes certain provisions of the Franchise Agreement and other information in plain language. Read this Franchise Disclosure Document and all exhibits carefully.

If Fly Fitness Franchise, L.L.C. offers you a franchise, it must provide this Disclosure Document to you 14 calendar-days before you sign a binding agreement with, or make a payment to, the franchisor or an affiliate in connection with the proposed franchise sale.

New York requires you to receive this Franchise Disclosure Document at the earlier of the first personal meeting or 10 business days before the execution of the franchise or other agreement or the payment of any consideration that relates to the franchise relationship.

If Fly Fitness Franchise, L.L.C. does not deliver this Disclosure Document on time or if it contains a false or misleading statement, or a material omission, a violation of federal and state law may have occurred and should be reported to the Federal Trade Commission, Washington, DC, 20580, and to your state authority listed on Exhibit A.

The name and principal business address and telephone number of each franchise seller offering the franchise is:

Jennifer Bruning Brown 201 N. 13th Street Lincoln, Nebraska 68508 (866) 333-5359

Issuance Date: May 1, 2024

I received a Disclosure Document dated May 1, 2024, that included the following Exhibits:

EXHIBIT A: List of State Franchise Administrators and Agents for Service of Process

EXHIBIT B: Franchise Agreement

EXHIBIT C: Multi-Unit Development Agreement

EXHIBIT D: Financial Statements

EXHIBIT E: Operations Manual Table of Contents

EXHIBIT F: Franchised Outlets

EXHIBIT G: Franchisee Acknowledgement Statement

EXHIBIT H: State Addenda

EXHIBIT I: Receipt

Source: Item 22 — CONTRACTS (FDD pages 44–45)

What This Means (2024 FDD)

Based on the 2024 Fly Fitness Franchise Disclosure Document, while Item 22 discusses the Confidentiality and Non-Compete Agreement, it does not specify where the actual agreement is located within the FDD. Item 22 provides extensive details regarding the agreement's terms, including franchisee and covenantor responsibilities, confidentiality clauses, and non-compete provisions. However, it does not explicitly state whether the agreement is included as an exhibit or attachment.

Given this lack of explicit direction, a prospective Fly Fitness franchisee should carefully review the list of exhibits provided in the FDD, such as Exhibit A through Exhibit I, to see if the Confidentiality and Non-Compete Agreement is included. If the agreement is not listed as a separate exhibit, it may be integrated directly into the Franchise Agreement itself, which is listed as Exhibit B.

To clarify the location of the Confidentiality and Non-Compete Agreement, a potential Fly Fitness franchisee should directly ask the franchisor for clarification. Understanding the exact location and terms of this agreement is crucial, as it outlines significant obligations and restrictions regarding confidential information and competitive activities during and after the franchise term.

Disclaimer: This information is extracted from the 2024 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.