Does the Kidokinetics System Protection Agreement apply to successors and assigns of Kidokinetics Franchise LLC?

According to Kidokinetics' 2024 Franchise Disclosure Document, the System Protection Agreement does indeed apply to the successors and assigns of Kidokinetics Franchise LLC. The agreement explicitly states that it is made in favor of Kidokinetics Franchise LLC, a Florida limited liability company, and its successors and assigns. This ensures that the protections afforded to Kidokinetics under the agreement extend to any entity that takes over the rights and responsibilities of the franchisor.

This provision is crucial for maintaining the integrity and consistency of the Kidokinetics system, even if the ownership or management of the franchise company changes. By including successors and assigns, Kidokinetics ensures that the confidentiality, non-compete, and intellectual property protections remain in force, regardless of who is at the helm of the franchise. This is a standard practice in franchising, as it provides long-term security and stability for the brand.

For a prospective Kidokinetics franchisee, this means that the obligations outlined in the System Protection Agreement will continue to apply, even if Kidokinetics Franchise LLC is sold or transferred to another entity. It also means that Kidokinetics, or its successors, can enforce the agreement to protect its system and intellectual property. This clause provides assurance that the standards and practices of the Kidokinetics system will be consistently upheld, regardless of changes in ownership.