Who is required to attend the Kidokinetics Initial Management Training Program?
Kidokinetics Franchise · 2024 FDDAnswer from 2024 FDD Document
6.1. Initial Management Training Program. Franchisee, or if Franchisee is an entity, Franchisee's principals (defined as all holders of an ownership interest, office or directorship in Franchisee and of any entity directly or indirectly controlling Franchisee, and any other person or entity controlling, controlled by or under common control with Franchisee and hereinafter referred to collectively as "Principals") having management responsibility for the Kidokinetics Business and Franchisee's Manager (if different from the Principal) shall attend and complete, to Franchisor's sole and absolute satisfaction, Franchisor's next scheduled initial management training program ("Initial Management Training Program") unless the next scheduled Initial Management Training Program is scheduled within 15 days of the Effective Date of this Agreement in which event Franchisee will attend the next scheduled training program. The Initial Training Program pertains to operation of the Franchised Business. The Initial Management Training Program consists of a course conducted at Franchisor's headquarters, currently in Davie, Florida, or at a location within the vicinity of Franchisor's headquarters. Franchisor reserves the right to designate an alternate location for the Initial Management Training Program. If Franchisee is an entity, it must at all times during the term of this Agreement have a Principal and a Manager who have successfully completed the Initial Management Training Program to Franchisor's sole and complete satisfaction. Franchisee, Franchisee's Principals with management responsibility, and Franchisee's Manager may attend the Initial Management Training Program at no charge prior to opening the Kidokinetics Business ("Initial
- Trainees").
Notwithstanding the foregoing, Franchisee will be required to pay all of the expenses of the Initial Trainees, including, without limitation, costs of travel, lodging, meals and wages.
- 6.2. Modification of the Initial Management Training Program.
Franchisor may modify the length, content and manner of conducting the Initial Management Training Program in its discretion from time to time.
Source: Item 22 — CONTRACTS (FDD page 59)
What This Means (2024 FDD)
According to Kidokinetics's 2024 Franchise Disclosure Document, the following individuals are required to attend and complete the Initial Management Training Program: the franchisee, or if the franchisee is an entity, the franchisee's principals having management responsibility for the Kidokinetics business, and the franchisee's manager (if different from the principal). The term 'principals' is defined as all holders of an ownership interest, office, or directorship in the franchisee and of any entity directly or indirectly controlling the franchisee, and any other person or entity controlling, controlled by, or under common control with the franchisee.
The Initial Management Training Program pertains to the operation of the franchised business and consists of a course conducted at Kidokinetics' headquarters, currently in Davie, Florida, or at a location within the vicinity of the headquarters. Kidokinetics retains the right to designate an alternate location for the training program. If the franchisee is an entity, it must have a principal and a manager who have successfully completed the Initial Management Training Program at all times during the term of the agreement.
Franchisee, franchisee's principals with management responsibility, and franchisee's manager may attend the Initial Management Training Program at no charge prior to opening the Kidokinetics business. However, the franchisee is responsible for covering all expenses of the initial trainees, including travel, lodging, meals, and wages. Kidokinetics may modify the length, content, and manner of conducting the Initial Management Training Program at its discretion.