Which section of the Pump It Up Franchise Agreement covers dispute resolution?
Pump_It_Up Franchise · 2025 FDDAnswer from 2025 FDD Document
| Obligation | Disclosure Document | |
|---|---|---|
| Section in Franchise Agreement | Item | |
| p. Indemnification | Section 23 | None |
| q. Owner’s participation/ | Sections 12.I, 14.D, 14.E | Items 11 and 15 |
| management/staffing | ||
| r. Records/reports | Section 8 | Item 6 |
| s. Inspections/audits | Sections 8.D, 12.G | Item 6 |
| t. Transfer | Sections 15, 16 | Items 6 and 17 |
| u. Renewal | Section 4 | Items 6 and 17 |
| v. Post-termination obligations | Section 20 | Item 17 |
| w. Non-competition covenants | Section 18 | Item 17 |
| x. Dispute resolution | Section 27 | Item 17 |
| y. Personal Guaranty | Section 14.C & Exhibit 5 | Item 15 |
Source: Item 11 — FRANCHISORS'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS AND TRAINING (FDD pages 30–41)
What This Means (2025 FDD)
According to the 2025 Pump It Up Franchise Disclosure Document, Section 27 of the Franchise Agreement addresses dispute resolution. This information is found in Item 11, which generally discusses the franchisor's assistance, advertising, computer systems, and training provided to franchisees.
Specifically, a table within Item 11 outlines various obligations and their corresponding sections in the Franchise Agreement and items in the Disclosure Document. The table indicates that 'Dispute resolution' is covered under Section 27 of the Franchise Agreement and is further detailed in Item 17 of the FDD.
Prospective Pump It Up franchisees should carefully review Section 27 of the Franchise Agreement and Item 17 of the FDD to understand the procedures for resolving disputes with the franchisor. This includes understanding any requirements for mediation, arbitration, or litigation, as well as any limitations on the types of claims that can be brought or the remedies that are available.