Which sections of the Hyper Kidz Franchise Agreement and Multi-Unit Development Agreement are removed?

According to the 2024 Hyper Kidz Franchise Disclosure Document, certain sections are removed from the standard agreements via addenda. Specifically, Section 25.2 and Attachment 1, the FRANCHISEE ACKNOWLEDGEMENT STATEMENT, are removed from the Franchise Agreement. Additionally, Section 21 is removed from the Multi-Unit Development Agreement.

These removals likely indicate that Hyper Kidz has determined these specific sections are either unnecessary, legally problematic, or require modification based on feedback or legal challenges. Removing the Franchisee Acknowledgement Statement could suggest a change in how Hyper Kidz ensures franchisees understand their obligations and rights, potentially streamlining the onboarding process or addressing concerns about liability waivers.

For a prospective Hyper Kidz franchisee, this means that these specific sections will not be part of their contractual obligations. It is important to understand the implications of these removals by carefully reviewing the rest of the Franchise Agreement and Multi-Unit Development Agreement, and by seeking legal counsel to ensure full comprehension of their rights and responsibilities.