To which sections of the Beem Light Sauna Franchise Agreement are releases added by this Rider?
Beem_Light_Sauna Franchise · 2025 FDDAnswer from 2025 FDD Document
C (IF ENTITY): [Name] Title: Date: (IF INDIVIDUALS): [Signature] [Print Name] [Signature] [Print Name] Date:
RIDER TO THE FRANCHISE AGREEMENT FOR USE IN MARYLAND
THIS RIDER (this "Rider") is made and entered into by and between Beem Franchisor LLC, a Delaware limited liability company with its principal place of business at 4000 MacArthur Blvd., Suite 800, Newport Beach,
Source: Item 23 — RECEIPT (FDD pages 71–230)
What This Means (2025 FDD)
According to the 2025 Beem Light Sauna Franchise Disclosure Document, a rider to the franchise agreement for use in Maryland adds specific stipulations regarding releases to several sections of the standard agreement. These sections include 2.2(d), which pertains to the Successor Term, 13.4(d), addressing Control Transfers, 13.5, covering Non-Control Transfers, 13.6, related to Transfers To an Entity, and 15.7(d), concerning Closing procedures.
Specifically, the rider clarifies that the general release typically required as a condition of renewal, sale, assignment, or transfer of the franchise will not extend to any liability arising under the Maryland Franchise Registration and Disclosure Law. This means that while franchisees in Maryland must still provide a general release, this release will not protect Beem Light Sauna from liabilities stemming from violations of Maryland's franchise laws.
This modification is significant for prospective Beem Light Sauna franchisees in Maryland as it ensures their rights under Maryland franchise law are protected, even when signing a general release. It reflects Maryland's commitment to franchisee protection and ensures that franchisees do not inadvertently waive their rights under state law. Franchisees should consult with a legal professional to fully understand the implications of this rider and how it affects their specific circumstances.