If I sign a Development Agreement with Beem Light Sauna, which exhibit contains that agreement?
Beem_Light_Sauna Franchise · 2025 FDDAnswer from 2025 FDD Document
Appendix A – Franchisee-Specific Terms
Appendix B – Payment and Performance Guarantee
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.
RECITALS
Source: Item 22 — CONTRACTS (FDD page 71)
What This Means (2025 FDD)
According to the 2025 Beem Light Sauna Franchise Disclosure Document, the Development Agreement is included in the document. Specifically, the Beem Light Sauna Development Agreement is detailed within the document, including the agreement date, which is set forth in Appendix A.
The agreement is made between Beem Franchisor LLC, identified as the Franchisor, and the franchisee, with both parties' principal places of business outlined in Appendix A. This agreement incorporates all appendices and schedules by reference, ensuring that all related terms and conditions are part of the binding contract.
Prospective franchisees should carefully review the Development Agreement and its appendices to understand their obligations, the franchisor's responsibilities, and the overall framework for developing multiple Beem Light Sauna locations. Understanding the specifics of this agreement is crucial for anyone considering expanding the Beem Light Sauna brand through area development.