What is the deadline for a B Bops developer to act on revised terms for purchasing development rights?

According to B Bops's 2025 Franchise Disclosure Document, if the company elects not to exercise its right of first refusal and the terms of the unaccepted offer are altered in any material nature, B Bops must notify the developer in writing of the revised offer. The developer then has thirty (30) days to purchase the development rights or the partner's, shareholder's, or member's interest in the developer on the revised terms.

This means that if a B Bops developer initially seeks to sell their development rights and the company declines to purchase them under the original terms, but the offer is subsequently modified, the developer must provide written notice of the revised offer to B Bops. This triggers a new 30-day period during which the developer can decide whether to proceed with purchasing the rights under the new terms.

This clause protects B Bops's interests by ensuring they have the opportunity to reassess a potential sale if the terms change. For a prospective developer, it's crucial to understand this process, especially if they anticipate needing to sell their development rights in the future. They should be prepared to provide B Bops with any revised offers and be aware of the 30-day deadline for acting on those revised terms.