What restrictions are placed on the Developer regarding amendments to its governing documents that are inconsistent with specific sections of the Goldfish Swim School agreement?

According to the 2025 Goldfish Swim School FDD, a Developer is restricted from amending their articles of incorporation, by-laws, partnership agreement, or other governing documents in any way that conflicts with Sections 7.A.(3), 8.B.(2), and 8.C of the agreement. This restriction ensures that the Developer's organizational documents remain consistent with the franchise agreement's requirements.

Section 7.A.(3) likely pertains to limitations on the Developer's business activities, restricting them solely to the development and operation of Goldfish Swim School franchises under the agreement. Sections 8.B.(2) and 8.C likely contain additional covenants and acknowledgements that the Developer must adhere to, preventing any conflicting amendments to their governing documents.

This provision is important for Goldfish Swim School to maintain uniformity and control over its franchise system. By preventing conflicting amendments, Goldfish Swim School ensures that each Developer operates within the established framework and standards of the franchise. Prospective developers should carefully review Sections 7.A.(3), 8.B.(2), and 8.C to fully understand the scope of these restrictions and their implications for the governance of their business entity.