Are Bombs Away franchisees and their owners allowed to violate any anti-terrorism laws?
Bombs_Away Franchise · 2024 FDDAnswer from 2024 FDD Document
- 2.6 No Conflict. Franchisee represents to Bombs Away Franchising that Franchisee and each of its Owners (i) are not violating any agreement (including any confidentiality or non-competition covenant) by entering into or performing under this Agreement, (ii) are not a direct or indirect owner of any Competitor, and (iii) are not listed or "blocked" in connection with, and are not in violation under, any anti-terrorism law, regulation, or executive order.
Source: Item 22 — CONTRACTS (FDD pages 35–36)
What This Means (2024 FDD)
According to Bombs Away's 2024 Franchise Disclosure Document, franchisees and their owners are explicitly prohibited from violating any anti-terrorism laws. As part of the franchise agreement, the franchisee represents that neither they nor their owners are listed or "blocked" in connection with, nor are in violation under, any anti-terrorism law, regulation, or executive order. This representation is made to Bombs Away when entering into the franchise agreement.
This clause protects Bombs Away's brand and reputation by ensuring that its franchisees and their owners comply with all applicable laws and regulations, including those related to anti-terrorism. A violation of this representation could lead to the termination of the franchise agreement, as Bombs Away retains the right to terminate the agreement if a franchisee or any owner is accused by any governmental authority or third party of any act, or commits any act or series of acts, that in Bombs Away's opinion is reasonably likely to materially and unfavorably affect the Bombs Away brand.
For a prospective Bombs Away franchisee, this means undergoing thorough due diligence to ensure full compliance with all anti-terrorism laws and regulations. It also means that any changes in ownership or management must be carefully vetted to maintain compliance. Failure to adhere to these requirements could have serious consequences, including the loss of the franchise.