What is the date referenced for the Franchise Agreement in the Restrictive Covenant Agreement for Punch King Fitness?

According to the 2024 Punch King Fitness Franchise Disclosure Document, the Restrictive Covenant Agreement includes recitals that reference the date of the Franchise Agreement. Specifically, it states that "On or about , 20 , Tenant and Punch King Fitness, Inc. (the "Franchisor") executed a franchise agreement (the "Franchise Agreement") for Tenant to operate a Punch King Fitness franchised Business at the Franchise Premises."

This indicates that the agreement anticipates the inclusion of the specific month and day the Franchise Agreement was signed, along with the year. However, the excerpt provided leaves the month and day blank, showing only the year. This suggests that the exact date would be filled in at the time of signing the agreement between the tenant (franchisee) and Punch King Fitness.

For a prospective franchisee, this means that the Restrictive Covenant Agreement's terms, such as non-competition clauses, are tied to the specific date of their Franchise Agreement. It is crucial to carefully review and understand all the implications of the Restrictive Covenant Agreement in relation to the Franchise Agreement's start and end dates, as these will dictate the period during which the franchisee is bound by the restrictive covenants.