Does the Fly Fitness franchise agreement include a table of contents?
Fly_Fitness Franchise · 2024 FDDAnswer from 2024 FDD Document
ITEM 22: CONTRACTS
A copy of all proposed agreements regarding the franchise offering are included in this Disclosure Document, as follows:
Exhibit B – The Franchise Agreement
Exhibit C – Multi-Unit Development Agreement
Exhibit G – Form of Release
Exhibit H – Acknowledgement Statements, as permitted by state law.
EXHIBIT B
FRANCHISE AGREEMENT
FLY FITNESS FRANCHISE, L.L.C. FRANCHISE AGREEMENT TABLE OF CONTENTS
Source: Item 22 — CONTRACTS (FDD pages 44–45)
What This Means (2024 FDD)
Yes, according to Fly Fitness's 2024 Franchise Disclosure Document, the franchise agreement includes a table of contents. Exhibit B of the FDD is the Franchise Agreement, and the document includes an image of a page with the title "FLY FITNESS FRANCHISE, L.L.C. FRANCHISE AGREEMENT TABLE OF CONTENTS."
Having a table of contents in the franchise agreement is beneficial for prospective franchisees. It allows them to quickly navigate the document and locate specific sections of interest, such as those pertaining to fees, responsibilities, or termination clauses. This can save time and effort when reviewing the agreement and help franchisees better understand their rights and obligations.
Most franchise agreements are lengthy and complex legal documents, so a table of contents is a standard feature that helps with organization and readability. Franchisees should carefully review the table of contents and use it as a roadmap to understand the various sections of the agreement before signing.