Is the Bambu franchisee required to seek professional advice before signing the MUD Agreement?
Bambu Franchise · 2025 FDDAnswer from 2025 FDD Document
- 8.3.
Review.
Franchisee acknowledges that it had a copy of this MUD Agreement in its possession for a period of time not fewer than 14 days or 10 business days, whichever is required under applicable law, during which time Franchisee has had the opportunity to submit the same for professional review and advice of Franchisee's choosing prior to freely executing this MUD Agreement.
Source: Item 23 — Receipts (FDD pages 52–209)
What This Means (2025 FDD)
According to Bambu's 2025 Franchise Disclosure Document, franchisees are not required to seek professional advice before signing the MUD Agreement. However, Bambu acknowledges that the franchisee has the opportunity to seek professional review and advice.
Specifically, the MUD Agreement review clause states that the franchisee acknowledges having had a copy of the agreement for at least 14 days or 10 business days, whichever is required by law. During this time, the franchisee has the option to submit the agreement for professional review and advice before signing it.
This clause serves to protect both the franchisor and franchisee. It confirms that the franchisee had ample time to understand the agreement and seek counsel, potentially mitigating future disputes. While not mandatory, Bambu encourages franchisees to utilize this opportunity to ensure they fully comprehend the legal and financial implications of the MUD Agreement before committing to it.