In the Beem Light Sauna Development Agreement, where can I find the Effective Date of the agreement?
Beem_Light_Sauna Franchise · 2025 FDDAnswer from 2025 FDD Document
beem® LIGHT SAUNA DEVELOPMENT AGREEMENT
THIS AGREEMENT (this "Agreement") is made and entered into as of the date set forth on Appendix A of this Agreement (the "Effective Date") (Appendix A and all appendices and schedules attached to this Agreement are hereby incorporated by this reference) between Beem Franchisor LLC, a Delaware limited liability company with its principal place of business at 4000 MacArthur Blvd., Suite 800, Newport Beach, California 92660 ("Franchisor"), and the person or entity identified on Appendix A as the franchisee ("Franchisee") with its principal place of business as set forth on Appendix A. In this Agreement, "we," "us," and "our" refers to Beem Franchisor LLC. "You" and "your" refers to Franchisee.
Source: Item 23 — RECEIPT (FDD pages 71–230)
What This Means (2025 FDD)
According to Beem Light Sauna's 2025 Franchise Disclosure Document, the Effective Date of the Development Agreement is located in Appendix A of the agreement. The Development Agreement states that it is made and entered into as of the date set forth on Appendix A.
Appendix A, along with all other appendices and schedules attached to the Development Agreement, are incorporated by reference into the agreement. This means that Appendix A is a legally binding part of the Development Agreement.
Prospective Beem Light Sauna franchisees should carefully review Appendix A to understand the Effective Date of the Development Agreement and how it may impact their obligations and rights.