factual

Can Kidokinetics electronically access and retrieve information from a franchisee's computer systems?

Kidokinetics Franchise · 2024 FDD

Answer from 2024 FDD Document

Franchisor may require Franchisee, at Franchisee's sole expense, to install and maintain systems that permit Franchisor to electronically access and retrieve any information stored in Franchisee's management software and other computer systems, including, without limitation, information concerning Gross Sales.

Upon Franchisor's request, Franchisee shall execute such documents as Franchisor deems necessary to permit Franchisor to electronically access and retrieve all information stored on Franchisee's office computer, tablet computer, and smartphone, and in Franchisee's management software and other computer systems.

There are no contractual limitations on Franchisor's right to access the information and data on Franchisee's POS System and Computer System.

Franchisee shall deliver to Franchisor a separate and distinct full access user name and temporary password, as well as all access codes, static internet protocol ("IP") addresses and other information to facilitate Franchisor's access to the data generated by and stored in Franchisee's computer, tablet or smartphone.

Source: Item 22 — CONTRACTS (FDD page 59)

What This Means (2024 FDD)

According to Kidokinetics's 2024 Franchise Disclosure Document, Kidokinetics may require franchisees to install and maintain systems that allow Kidokinetics to electronically access and retrieve information stored in the franchisee's management software and other computer systems. This includes information concerning Gross Sales.

Franchisees must also execute documents that Kidokinetics deems necessary to permit electronic access and retrieval of information stored on the franchisee's office computer, tablet computer, smartphone, management software, and other computer systems. There are no contractual limitations on Kidokinetics's right to access information and data on the franchisee's POS System and Computer System.

To facilitate this access, franchisees must provide Kidokinetics with a separate and distinct full access user name and temporary password, as well as all access codes, static internet protocol ("IP") addresses, and other information to access data generated by and stored in the franchisee's computer, tablet, or smartphone. This level of access gives Kidokinetics broad authority to monitor and extract data from a franchisee's systems.

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.