Where can I find information about Fly Fitness's post-termination obligations in the Multi-Unit Development Agreement?

According to Fly Fitness's 2024 Franchise Disclosure Document, Item 9 provides a table outlining the franchisee's obligations under both the Franchise Agreement and the Multi-Unit Development Agreement. This table serves as a roadmap to locate more detailed information about these obligations within the respective agreements and other items in the FDD. Specifically, it indicates where to find information regarding post-termination obligations.

For post-termination obligations, the table indicates that details can be found in Article 18 of the Franchise Agreement and Section 7.4 of the Multi-Unit Development Agreement. Additionally, Item 17 of the Franchise Disclosure Document may contain relevant information. This is crucial for prospective franchisees to understand what responsibilities and restrictions they will face if the agreement is terminated, including potential non-compete clauses or continuing financial obligations.

Understanding these post-termination obligations is essential for any potential Fly Fitness franchisee. It allows them to anticipate the consequences of exiting the franchise system, whether voluntarily or involuntarily. By referencing the specified sections in the Franchise Agreement, the Multi-Unit Development Agreement, and Item 17 of the FDD, franchisees can gain a comprehensive understanding of their duties and limitations following the termination of their franchise agreement.