Who is solely responsible for fulfilling the Kidokinetics franchisor's obligations written in the Franchise Agreement?
Kidokinetics Franchise · 2024 FDDAnswer from 2024 FDD Document
Franchisee further agrees that fulfillment of any and all of Franchisor's obligations written in the Franchise Agreement shall be Franchisor's sole responsibility and none of Franchisor's owners, officers, agents, representatives, nor any individuals associated with Franchisor shall be personally liable to Franchisee for any reason.
Source: Item 22 — CONTRACTS (FDD page 59)
What This Means (2024 FDD)
According to Kidokinetics's 2024 Franchise Disclosure Document, the franchisor is solely responsible for fulfilling its obligations as outlined in the Franchise Agreement. This means that Kidokinetics, as the franchisor, is the party legally bound to meet the commitments and responsibilities detailed in the agreement.
Specifically, the FDD states that none of Kidokinetics's owners, officers, agents, representatives, or any individuals associated with the franchisor will be personally liable to the franchisee for any reason related to the fulfillment of these obligations. This provision protects these individuals from being held personally accountable for the franchisor's duties under the agreement.
This arrangement is typical in franchising, where the franchisor operates as a distinct legal entity. It provides a clear delineation of responsibility and liability, ensuring that the franchisee's recourse is against the franchisor entity rather than individual stakeholders within the Kidokinetics organization.