What constitutes a general default in the performance of the B Bops Development Agreement?
B_Bops Franchise · 2025 FDDAnswer from 2025 FDD Document
AND TERMINATION.
- A. The occurrence of any of the following events shall constitute a default under this Agreement:
- (1) Developer uses the Licensed System or the Licensed Marks at any location except pursuant to, and in accordance with, a valid and effective Unit Franch
Source: Item 23 — RECEIPTS (FDD pages 53–145)
What This Means (2025 FDD)
According to B Bops' 2025 Franchise Disclosure Document, a general default in the performance of the Development Agreement occurs when the developer fails to perform any term, covenant, or condition of the agreement that is not specifically outlined in Section 11 of the agreement.
This means that if a developer breaches any part of the agreement not already covered by the specific default events listed, it will be considered a general default. This is a broad catch-all provision that can cover a wide range of potential violations.
For a prospective B Bops franchisee, this implies that it is crucial to understand all aspects of the Development Agreement and adhere to them meticulously to avoid any potential default. If a general default occurs, B Bops can terminate the agreement 30 days after written notice if the default is not cured to B Bops' satisfaction within that period.