What section of the Beem Light Sauna franchise agreement covers Termination and Default?

According to the 2025 Beem Light Sauna Franchise Disclosure Document, Section 14 of the franchise agreement outlines the terms and conditions regarding termination and default. Specifically, Section 14.1 defines the events that constitute an "Event of Default" under the agreement.

Understanding the events that trigger a default is crucial for a prospective Beem Light Sauna franchisee. These events could range from failure to meet certain operational standards to breaches of the agreement. Knowing these triggers allows the franchisee to proactively manage their business and avoid situations that could lead to termination.

The FDD excerpt indicates that Section 14.1 lists the events that constitute an "Event of Default", but it does not detail what those events are. A prospective franchisee should carefully review the full Section 14.1 in the complete franchise agreement to fully understand their obligations and the potential consequences of failing to meet them. This includes understanding the franchisor's remedies upon termination, as these can have significant financial and operational implications for the franchisee.