With whom is the agreement entered into simultaneously with the Boulder Designs Franchise Agreement?
Boulder_Designs Franchise · 2025 FDDAnswer from 2025 FDD Document
| This Amendment to the Boulder Designs Franchise Agreement dated, 20 between | |
|---|---|
| Boulder Designs Franchising, LLC, ("Franchisor") and | |
| ("Franchisee") is entered into simultaneously with the execution of the Franchise Agreement. |
Source: Item 22 — CONTRACTS (FDD page 50)
What This Means (2025 FDD)
According to the 2025 Boulder Designs Franchise Disclosure Document, the Amendment to the Boulder Designs Franchise Agreement is entered into simultaneously with the execution of the Franchise Agreement. This agreement is between Boulder Designs Franchising, LLC, identified as the Franchisor, and the Franchisee.
This means that when a franchisee signs the standard Boulder Designs Franchise Agreement, they also enter into an amendment to that agreement at the same time. This simultaneous execution suggests that the amendment contains important modifications or clarifications to the original franchise agreement that Boulder Designs wants to ensure are agreed upon upfront.
Prospective franchisees should carefully review both the Franchise Agreement and any associated amendments to fully understand their rights and obligations. Understanding the interplay between the original agreement and its amendments is crucial for a successful franchise relationship with Boulder Designs.