What is the Kidokinetics franchisee required to do if they receive any notice or citation that may adversely affect the operation or financial condition of the Kidokinetics Business?

According to Kidokinetics's 2024 Franchise Disclosure Document, if a franchisee receives any notice or citation that may adversely affect their operation or financial condition, they must notify Kidokinetics in writing within five days. This includes the commencement of any action, suit, or proceeding, as well as the issuance of any order from a court, agency, or other government entity.

This requirement ensures that Kidokinetics is promptly informed of any potential legal or regulatory issues that could impact the franchisee's business or finances. By mandating written notification within five days, Kidokinetics aims to stay ahead of any problems and provide support or guidance to the franchisee as needed. This allows Kidokinetics to protect its brand and the interests of the entire franchise system.

For a prospective Kidokinetics franchisee, this means being diligent about reporting any legal or regulatory notices to Kidokinetics in a timely manner. Failure to do so could potentially lead to a breach of the franchise agreement. It is important to establish a system for monitoring and responding to such notices to ensure compliance with this requirement.