Are the State-Required Franchise Agreement Riders and State-Required Development Agreement Riders for Beem Light Sauna located in the same exhibit?
Beem_Light_Sauna Franchise · 2025 FDDAnswer from 2025 FDD Document
are attached as exhibits to this Disclosure Document:
| Franchise Agreement | Exhibit A |
|---|---|
| Payment and Performance Guarantee |
Source: Item 22 — CONTRACTS (FDD page 71)
What This Means (2025 FDD)
According to Beem Light Sauna's 2025 Franchise Disclosure Document, the State-Required Franchise Agreement Riders and State-Required Development Agreement Riders are located in the same exhibit. Specifically, both types of riders are found in Exhibit I of the FDD.
This means that prospective Beem Light Sauna franchisees can find any state-specific modifications or additions to both their Franchise Agreement and Development Agreement within a single exhibit. This simplifies the review process, as franchisees do not need to search in multiple locations for state-specific stipulations.
It is important for potential franchisees to carefully review Exhibit I, as the provisions within it will only apply if the applicable state franchise registration and disclosure law applies to them. This exhibit could contain critical information that modifies the standard agreements to comply with local laws, potentially affecting the franchisee's rights and obligations.