What section of the B Bops Application Agreement discusses the term of the agreement?

According to B Bops's 2025 Franchise Disclosure Document, the term of the Application Agreement is addressed in Section 3. The document indicates that within 90 days from the effective date of the Application Agreement, B Bops will inform the applicant whether development rights or franchise rights will be granted. This section outlines the initial period during which B Bops evaluates and decides on the applicant's eligibility for further franchising opportunities.

Unlike the Development Agreement, the Application Agreement does not have a renewal or extension provision. This suggests that the Application Agreement is a preliminary step, and its term is limited to the evaluation period by B Bops. Once B Bops makes a decision regarding the applicant's eligibility, the Application Agreement either leads to a more comprehensive agreement (Franchise or Development) or is terminated.

Prospective franchisees should understand that the Application Agreement is a short-term agreement focused on the initial assessment phase. The actual term is not negotiable and concludes with B Bops's decision on granting further rights. Franchisees should focus on understanding the criteria B Bops uses during this evaluation period to ensure they meet the necessary qualifications for the next stage.