Under what condition can the Kidokinetics agreement be changed or modified?
Kidokinetics Franchise · 2024 FDDAnswer from 2024 FDD Document
Franchisor hereby grants to Franchisee and Franchisee accepts, upon the terms and conditions herein contained, the license to operate a Kidokinetics franchise (the "Kidokinetics Business" or the "Franchised Business"), using only the Marks licensed hereunder, in strict conformity with the System, which may be changed, improved and further developed by Franchisor 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 franchise agreement can be changed, improved, and further developed by the franchisor from time to time. The agreement grants the franchisee a license to operate a Kidokinetics franchise in strict conformity with the Kidokinetics system. This system includes the marks licensed under the agreement.
This means that Kidokinetics retains the right to modify the operating system, and by extension, the franchise agreement itself. These changes can be implemented as Kidokinetics deems necessary to improve or further develop the system.
For a prospective franchisee, this indicates that the terms and conditions under which they operate their Kidokinetics franchise may evolve over time. It is important to stay updated on any changes communicated by Kidokinetics to ensure continued compliance and operational effectiveness. Franchisees should maintain open communication with Kidokinetics to understand the implications of any modifications to the system and how they may affect their business.