Where is the Franchise Agreement for Bevaris Alliance located in the Disclosure Document?
Bevaris_Alliance Franchise · 2024 FDDAnswer from 2024 FDD Document
EXHIBIT A FRANCHISE AGREEMENT
[To Be Attached]
DATED
[ENTER DATE]
FRANCHISE AGREEMENT
between
BEVARIS ALLIANCE FRANCHISE SYSTEM, LLC
and
[ENTER FRANCHISEE NAME]
Source: Item 23 — RECEIPT (FDD pages 22–88)
What This Means (2024 FDD)
According to the 2024 Bevaris Alliance Franchise Disclosure Document, the Franchise Agreement is included as Exhibit A. The document indicates that Exhibit A, the Franchise Agreement, is to be attached to the Disclosure Document. The agreement itself is between Bevaris Alliance Franchise System, LLC, as the Franchisor, and the prospective franchisee. The document also includes a space to enter the date of the agreement and the franchisee's name.
Several sections outline the agreement's structure, including the parties involved, their roles, and the background leading to the agreement. The agreement defines Bevaris Alliance Franchise System, LLC as a limited liability company organized under Delaware laws with its principal office in Beverly Hills, CA. It also specifies the franchisee's company name, state of incorporation, and registered office address. Furthermore, it acknowledges an individual associated with the franchisee.
The background section highlights Bevaris Alliance's development of the Branded Business, its established reputation and goodwill, exclusive ownership of trademarks, specialized products and services, intellectual property rights, and the franchisee's desire to operate the Branded Business under the agreement's terms. The agreement also includes definitions and rules of interpretation for various terms, such as 'Additional Training Fees' and 'Asset Purchase Notice'.