Where is the current form of the Gokhale Method Franchise Agreement attached?
Gokhale_Method Franchise · 2024 FDDAnswer from 2024 FDD Document
A copy of our current form of Franchise Agreement is attached as Exhibit "A" to this Disclosure Document.
appears as Exhibit B to the Franchise Agreement, which is Exhibit A to this Disclosure Document. We may also authorize Franchisees to offer other wellness offerings from time to time, but we have not, as of this date of this Disclosure Document, identified them, and to sell products or services that we authorize from time to time. We also reserve the right to offer to sell this franchise to yoga, wellness or similar instructors who may teach the Gokhale Method as a supplement to their offerings. Your rights to teach the Gokhale Method depend upon your completion to our satisfaction of not only your Initial Training but also such other and further training classes or refresher courses as we may authorize or direct from time to time. We may suspend your right to teach one or more courses or formats if you have not completed to our satisfaction all required training or refresher requirements, programs or courses.
Source: Item 1 — THE FRANCHISOR AND ANY PARENTS, PREDECESSORS, AND AFFILIATES (FDD pages 8–10)
What This Means (2024 FDD)
According to the 2024 Gokhale Method Franchise Disclosure Document, the current form of the Franchise Agreement is included as Exhibit A. Prospective franchisees can find a complete copy of the agreement in Exhibit A of the FDD, allowing them to review the terms and conditions before making a decision.
This is a standard practice in franchising, as the Franchise Agreement outlines the legal obligations, responsibilities, and rights of both the franchisor and the franchisee. Reviewing this document carefully is crucial for understanding the full scope of the commitment involved in becoming a Gokhale Method franchisee.
Exhibit B to the Franchise Agreement contains a list of currently Approved Formats. Approved Formats are the defined categories of customers and classes of specified numbers of students that a Gokhale Method franchisee is authorized to teach.