According to the Hyper Kidz Franchise Agreement, what is included in Attachment 1?

According to the 2024 Hyper Kidz Franchise Disclosure Document, Attachment 1 to the Franchise Agreement is the Franchisee Acknowledgment Statement. This is one of several attachments to the agreement, which also include items such as trademarks, territory details, a general release, ACH authorization forms, collateral assignment of lease, ownership interest statements, spousal guaranty, confidentiality and non-compete agreements, and an internet advertising agreement.

The Franchisee Acknowledgment Statement likely contains confirmations from the franchisee that they have read and understood the FDD and Franchise Agreement, have conducted their own due diligence, and are entering into the agreement voluntarily. This type of statement is a common legal protection for franchisors.

Prospective Hyper Kidz franchisees should carefully review the Franchisee Acknowledgment Statement to ensure they fully understand its implications before signing. They should also consult with an attorney to discuss any concerns or questions they may have about the statement or any other part of the Franchise Agreement.