What agreement is 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, an Amendment to the Boulder Designs Franchise Agreement is entered into simultaneously with the execution of the Franchise Agreement. This amendment involves Boulder Designs Franchising, LLC, as the Franchisor, and the franchisee. This Amendment to the Boulder Designs Franchise Agreement is dated for the year 20__.
This simultaneous execution suggests that the amendment contains important modifications or clarifications to the original Franchise Agreement that are agreed upon at the outset of the franchise relationship. It is common practice for franchisors to use amendments to address specific issues or to tailor the standard franchise agreement to individual circumstances.
A prospective Boulder Designs franchisee should carefully review the amendment along with the Franchise Agreement to fully understand their rights and obligations. It is important to seek legal counsel to review both documents and ensure that the franchisee understands the implications of all terms and conditions.