What is the date format used in the Kidokinetics 'Approval of Requested Assignment' agreement?
Kidokinetics Franchise · 2024 FDDAnswer from 2024 FDD Document
| Franchisee Name | Business No. |
|---|---|
| Franchisee Mailing Address (street) | Franchisee Phone No. |
| Franchisee Mailing Address (city, state, zip) | |
| Contact Name, Address and Phone number (if different fr | rom above) |
| Franchisee Fax No. | Franchisee Email Address |
| Bank Account Information: | |
| Bank Name | |
| Bank Mailing Address (street, city, state, zip) Checking Sa | avings |
| Bank Account No. (check one) | Bank Routing No. (9 digits) |
| Bank Mailing Address (city, state, zip) | Bank Phone No. |
| Authorization: | |
| Franchisee hereby authorizes Kidokinetics Franchise LLC (account with the Bank listed above, and Franchisee authorize entries to Franchisee's account. Each debit shall be made from payable to Franchisor pursuant to any agreement between Franchisor goods or services from Franchisor or any affiliate of Franchisor or services from Franchisor or any affiliate of Franchisor or listed and the limitated only as authorized above. This authorization is received written notification from Franchisee of its termination and the Bank a reasonable opportunity to act on it. Franchise information contained in this authorization form at least 30 days. | these the Bank to accept and to debit the amount of such mitime to time in an amount sufficient to cover any fees inchisor and Franchisee as well as to cover any purchases inchisor. Franchisee agrees to be bound by the National eradministration of these debit entries. Debit entries will to remain in full force and effect until Franchisor has in in such time and in such manner as to afford Franchisor ee shall notify Franchisor of any changes to any of the |
| Signature: | Date: |
| Printed Name:Its: | |
| Federal Tax ID Number: | Rev. 03 |
NOTE: FRANCHISEE MUST ATTACH A VOIDED CHECK RELATING TO THE BANK ACCOUNT.
Franchisee Information:
EXHIBIT H-5
KIDOKINETICS FRANCHISE
SAMPLE APPROVAL OF REQUESTED ASSIGNMENT
| This Approval of Requested Assignment ("Agreement") is entered into this day of, 20, between Kidokinetics Franchise LLC ("Franchisor"), a |
Source: Item 22 — CONTRACTS (FDD page 59)
What This Means (2024 FDD)
According to Kidokinetics's 2024 Franchise Disclosure Document, the 'Approval of Requested Assignment' agreement uses a format that includes the day, but leaves the specific day blank, followed by 'day of,' then the month, and finally the year, with the year also left blank and represented by '20__'.
This means that when the agreement is finalized, the date will need to be filled in manually in the format of '[Day] day of [Month], 20[Year]'. For example, it would look like '15 day of July, 2024'.
Prospective Kidokinetics franchisees should be aware of this format when reviewing and signing the agreement to ensure that the date is properly recorded to avoid any potential confusion or disputes later on.