factual

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

Hyper_Kidz Franchise · 2024 FDD

Answer from 2024 FDD Document

Section 25.2 and Attachment 1 FRANCHISEE ACKNOWLEDGEMENT STATEMENT to the Franchise Agreement and section 21 of the Multi-Unit Development Agreement are removed.

Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 49–52)

What This Means (2024 FDD)

According to the 2024 Hyper Kidz Franchise Disclosure Document, the Maryland addendum removes specific sections from both the Franchise Agreement and the Multi-Unit Development Agreement. Specifically, Section 25.2 and Attachment 1, which is the FRANCHISEE ACKNOWLEDGEMENT STATEMENT, are removed from the Franchise Agreement. Additionally, Section 21 is removed from the Multi-Unit Development Agreement.

This means that these particular sections will not be applicable to Hyper Kidz franchisees operating in Maryland. Franchisees should carefully review the Maryland addendum to understand how their rights and obligations differ from those in the standard agreements. This ensures compliance with Maryland's specific franchise laws and regulations.

It is important for prospective Hyper Kidz franchisees in Maryland to consult with a legal professional to fully understand the implications of these removals and amendments. This will help them make informed decisions and protect their interests throughout the franchise relationship.

Disclaimer: This information is extracted from the 2024 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.