What geographical limitation is placed on post-term non-compete covenants for Goldfish Swim School franchisees in Indiana, according to the amended Section 17.2?

According to the 2025 Goldfish Swim School Franchise Disclosure Document, Section 17.2 regarding post-term non-compete covenants is amended for franchisees in Indiana. This amendment, subject to Indiana Code 23-2-2.7-1(9), specifies that the geographical limitation of the non-compete will be the territory granted to the franchisee.

In practical terms, this means that if a Goldfish Swim School franchisee in Indiana leaves the system, they are restricted from operating a competing business only within the territory that was originally assigned to them in their Franchise Agreement. This provides a defined and limited scope to the non-compete, offering more clarity and potentially less restriction compared to broader non-compete agreements.

This amendment is specific to Indiana due to the state's franchise laws. Prospective franchisees in Indiana should carefully review their Franchise Agreement and this amendment to fully understand the geographical limitations of the post-term non-compete covenant. This ensures they are aware of the specific area where they would be restricted from operating a competing business after leaving the Goldfish Swim School system.