factual

Does the Kidokinetics Franchise Agreement contain a provision requiring prospective assent to a release that relieves a person from liability imposed by the Indiana Deceptive Franchise Practices Law?

Kidokinetics Franchise · 2024 FDD

Answer from 2024 FDD Document

    1. Any provision in the Franchise Agreement that would require you to prospectively assent to a release, assignment, novation, waiver or estoppel which purports to relieve any person from liability imposed by the Indiana Deceptive Franchise Practices Law is void to the extent that such provision violates such law.

Source: Item 23 — RECEIPT (FDD pages 59–205)

What This Means (2024 FDD)

According to Kidokinetics's 2024 Franchise Disclosure Document, the Franchise Agreement will not require a franchisee to prospectively assent to a release, assignment, novation, waiver, or estoppel that would relieve any person from liability imposed by the Indiana Deceptive Franchise Practices Law. Any such provision in the Franchise Agreement is void to the extent that it violates this law. This protection is specifically designed to safeguard franchisees in Indiana from unknowingly waiving their rights under Indiana law.

This means that Kidokinetics franchisees in Indiana retain their full legal rights and protections under the Indiana Deceptive Franchise Practices Law. They cannot be forced to sign away their ability to hold Kidokinetics accountable for violations of this law. This provision ensures that franchisees can pursue legal remedies if Kidokinetics engages in deceptive or unfair practices.

Prospective franchisees should carefully review the Franchise Agreement and any related documents to ensure full compliance with Indiana law. It is also advisable to consult with an attorney experienced in franchise law to fully understand their rights and obligations under the agreement.

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.