factual

What must a Beem Light Sauna franchisee acknowledge regarding their understanding of the agreement and disclosure documents?

Beem_Light_Sauna Franchise · 2025 FDD

Answer from 2025 FDD Document

and you are parties to that certain Development Agreement dated, 20 (the "Development Agreement") that has been signed concurrently with this Rider. This Rider is being signed because (a) you are domiciled in the State of New York and the Studios that you will operate and develop under the Development Agreement will be located in New York, and/or (b) any of the offering or sales activity relating to the Development Agreement occurred in New York. 2. TERMINATION. The following is added to the end of Section 6 of the Development Agreement:

You may terminate this Agreement on any grounds available by law under the provisions of Article 33 of the General Business Law of the State of New York.

IN WITNESS WHEREOF, each of the undersigned has executed this Rider under seal as of the Effective Date of the Development Agreement.

BEEM FRANCHISOR LLC (IF ENTITY): [Name] By: Title: Date: (IF INDIVIDUALS): [Signature] [Print Name] [Signature] [Print Name] Date:

WASHINGTON

(See State-Specific Riders to the Franchise Agreement.)

EXHIBIT J TO THE FRANCHISE DISCLOSURE DOCUMENT

Compliance Questionnaire

(attached)

QUESTIONNAIRE TO BE COMPLETED BEFORE YOU SIGN THE FRANCHISE AGREEMENT

THIS QUESTIONNAIRE SHALL NOT BE COMPLETED BY YOU, AND WILL NOT APPLY, IF THE OFFER OR SALE OF THE FRANCHISE IS SUBJECT TO THE STATE FRANCHISE DISCLOSURE LAWS IN THE STATES OF CALIFORNIA, HAWAII, ILLINOIS, INDIANA, MARYLAND, MICHIGAN, MINNESOTA, NEW YORK, NORTH DAKOTA, RHODE ISLAND, SOUTH DAKOTA, VIRGINIA, WASHINGTON, OR WISCONSIN.

DO NOT SIGN THE ACKNOWLEDGEMENT IF THE FRANCHISE IS TO BE OPERATED IN, OR YOU ARE A RESIDENT OF, MARYLAND.

You are preparing to enter into a beem® Light Sauna Franchise Agreement (the "Franchise Agreement") with Beem Franchisor LLC ("we" or "us"). The purpose of this Questionnaire is to confirm that you understand the terms of the contract and that no unauthorized statements or promises have been made to you. Please review each of the following questions and statements carefully and provide honest and complete responses to each. In this Questionnaire, our "representatives" include our officers, directors, employees, agents, sales brokers, and/or any other representatives working on our behalf.

| 1. | When and where did you have your first face-to-face meeting with our representative(s)?

Source: Item 23 — RECEIPT (FDD pages 71–230)

What This Means (2025 FDD)

According to the 2025 Beem Light Sauna Franchise Disclosure Document, franchisees in certain states are not required to complete a questionnaire designed to confirm their understanding of the franchise agreement. Specifically, this questionnaire does not apply if the franchise is offered or sold in California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Rhode Island, South Dakota, Virginia, Washington, or Wisconsin. Furthermore, franchisees operating in or residing in Maryland are instructed not to sign the acknowledgement.

The purpose of the questionnaire is to ensure that the franchisee understands the terms of the Beem Light Sauna contract and that no unauthorized statements or promises have been made to them. This includes confirmation that the franchisee has reviewed the questions and statements carefully and provided honest and complete responses. The term "representatives" in the questionnaire includes Beem Light Sauna's officers, directors, employees, agents, sales brokers, and any other representatives working on their behalf.

However, the FDD also states that for franchisees in California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Rhode Island, South Dakota, Virginia, Washington, and Wisconsin, no statement, questionnaire, or acknowledgement can waive claims under state franchise law, including fraud in the inducement, or disclaim reliance on statements made by Beem Light Sauna or its representatives. This provision takes precedence over any conflicting terms in any document executed in connection with the franchise. Similarly, in New York, no such document can waive claims or disclaim reliance on statements made by the franchisor or its representatives.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.