factual

Where can I find the description of the 'Control Person' in the Goldfish Swim School Franchise Agreement?

Goldfish_Swim_School Franchise · 2025 FDD

Answer from 2025 FDD Document

"Control Person" an individual designated and described in Exhibit 4 to this Agreement who shall (1) be the sole point of contact on behalf of Franchisee for any and all legal communications or notices from Franchisor; and (2) be designated with the authority to legally bind the Franchisee.

Source: Item 23 — RECEIPTS (FDD pages 77–389)

What This Means (2025 FDD)

According to the 2025 Goldfish Swim School Franchise Disclosure Document, the definition of 'Control Person' is found within Item 23 under the defined terms. Specifically, the Control Person is defined in relation to Exhibit 4 of the Franchise Agreement.

The Control Person is the designated individual who serves as the primary contact for all legal communications and notices from Goldfish Swim School to the franchisee. This person also holds the authority to legally bind the franchisee to agreements and decisions.

For a prospective Goldfish Swim School franchisee, understanding the role and responsibilities of the Control Person is crucial. This individual will be the main point of contact for legal matters and must have the authority to make legally binding decisions on behalf of the franchise. Therefore, franchisees should carefully consider who they designate as the Control Person, ensuring that this person is knowledgeable, responsible, and capable of representing the franchise's interests.

Disclaimer: This information is extracted from the 2025 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.