What is the name of the document being amended by the state-specific amendments for Belocal?
Belocal Franchise · 2025 FDDAnswer from 2025 FDD Document
N2 FRANCHISING, INC. FRANCHISE AGREEMENT
THIS FRANCHISE AGREEMENT ("Agreement") is entered into by and between N2 Franchising, Inc., a Delaware corporation ("Franchisor"), and [name of franchisee entity], a [name of state where entity is filed and type of entity or an individual] ("Franchisee"), and shall be effective on the date signed by Franchisor ("Effective Date"). Capitalized terms used in this Agreement are defined in Attachment A, hereto, unless otherwise defined herein.
Source: Item 22 — CONTRACTS (FDD page 71)
What This Means (2025 FDD)
According to Belocal's 2025 Franchise Disclosure Document, the document being amended by the state-specific amendments is the "N2 Franchising, Inc. Franchise Agreement." This agreement serves as the foundation for the franchise relationship between N2 Franchising, Inc., the franchisor, and the franchisee. The state-specific amendments are designed to modify the original agreement to ensure compliance with the franchise laws and regulations of individual states.
For a prospective Belocal franchisee, this means that the initial franchise agreement is not a static, unchangeable document. Instead, it is subject to modifications based on the specific state in which the franchise will operate. These amendments address potential inconsistencies between the standard franchise agreement and state laws, covering areas such as franchisee rights, termination conditions, and dispute resolution processes.
It is important for potential franchisees to carefully review both the original franchise agreement and any state-specific amendments that apply to their location. Understanding these amendments is crucial, as they can significantly impact the franchisee's rights and obligations. Consulting with a franchise attorney is advisable to ensure a full understanding of the legal implications of these documents and how they affect the franchisee's business operations within a particular state.