Where in the Kidokinetics FDD contracts section can I find the franchisee's name?
Kidokinetics Franchise · 2024 FDDAnswer from 2024 FDD Document
IN WITNESS WHEREOF, Releasor has executed this Release as of the date first written above.
, a FRANCHISEE'S OWNERS: _ Typed or Printed Name Typed or Printed Name Rev. 092122
EXHIBIT H-2
KIDOKINETICS FRANCHISE
SAMPLE SYSTEM PROTECTION AGREEMENT
Source: Item 22 — CONTRACTS (FDD page 59)
What This Means (2024 FDD)
According to Kidokinetics's 2024 Franchise Disclosure Document, the franchisee's name can be found in the signature section of the contracts. Specifically, Exhibit H-2, the Sample System Protection Agreement, includes a space for the franchisee's owners to provide their typed or printed names. This indicates that the franchisee's name is required as part of the formal agreement process.
This requirement ensures that Kidokinetics has a clear record of who is entering into the agreement and is legally bound by its terms. It also allows Kidokinetics to properly identify and communicate with the franchisee throughout the duration of the franchise agreement. Having the franchisee's name explicitly stated in the contract minimizes potential confusion or disputes regarding the parties involved.
For a prospective franchisee, this means they should carefully review the System Protection Agreement and ensure their name is accurately recorded in the designated space. This step is crucial for establishing a legally sound agreement with Kidokinetics and protecting their rights and obligations as a franchisee. Franchisees should also retain a copy of the signed agreement for their records.