Are all other terms and provisions in the Beehive Homes Franchise Agreement affected by the modifications described in this section?
Beehive_Homes Franchise · 2025 FDDAnswer from 2025 FDD Document
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- All terms and conditions of the Franchise Agreement remain in full force and effect except as modified by this Assignment including, but not limited to, the terms and conditions of Paragraph 13.3(c) of the Franchise Agreement in the event of the death of Assignor.
Source: Item 23 — RECEIPTS (FDD pages 34–123)
What This Means (2025 FDD)
According to the 2025 Beehive Homes Franchise Disclosure Document, the terms and conditions of the Franchise Agreement remain in full force and effect, except as modified by the assignment. This includes, but is not limited to, the terms and conditions of Paragraph 13.3(c) of the Franchise Agreement in the event of the death of the assignor. This means that when a Beehive Homes franchise is transferred, the original agreement stays in place, with only specific changes outlined in the assignment taking effect.
For a prospective Beehive Homes franchisee, this clause provides clarity and assurance. It confirms that the core agreement they initially signed remains valid, preventing unexpected or sweeping alterations due to an assignment. The reference to Paragraph 13.3(c) regarding the death of the assignor highlights a specific scenario where the assignment modifies the original agreement, offering a concrete example.
This approach is fairly standard in franchising, as it protects both the franchisor's system standards and the franchisee's investment by maintaining a consistent contractual foundation. Franchisees should carefully review any assignment documents alongside their original franchise agreement to fully understand which specific terms are being modified and how those changes might impact their rights and obligations.