factual

What are 'Anti-Terrorism Laws' as defined in the Boulder Designs franchise agreement?

Boulder_Designs Franchise · 2025 FDD

Answer from 2025 FDD Document

Franchisee and Franchisee's owners agree to comply, and to assist Franchisor to the fullest extent possible in our efforts to comply with Anti-Terrorism Laws (defined below). In connection with that compliance, Franchisee and Franchisee's owners certify, represent, and warrant that none of Franchisee's property or interests is subject to being blocked under, and that Franchisee and Franchisee's owners otherwise are not in violation of, any of the Anti-Terrorism Laws. "Anti-Terrorism Laws" mean Executive Order 13224 issued by the President of the United States, the USA PATRIOT ACT, and all other present and future federal, state, and local laws, ordinances, regulations, policies, lists, and other requirements of any governmental authority addressing or in any way relating to terrorist acts and acts of war. Any violation of the Anti-Terrorism Laws by Franchisee or Franchisee's owners, or any blocking of Franchisee or Franchisee owners' assets under the Anti-Terrorism Laws, shall constitute good cause for immediate termination of this Agreement, as provided in Section 17.2 below.

Source: Item 22 — CONTRACTS (FDD page 50)

What This Means (2025 FDD)

According to Boulder Designs' 2025 Franchise Disclosure Document, the franchise agreement requires franchisees and their owners to comply with 'Anti-Terrorism Laws.' These laws are specifically defined in the agreement to include Executive Order 13224 issued by the President of the United States and the USA PATRIOT ACT.

Furthermore, the definition extends to encompass all other present and future federal, state, and local laws, ordinances, regulations, policies, lists, and other requirements from any governmental authority that address or relate to terrorist acts and acts of war. This broad definition means that Boulder Designs franchisees must stay informed about and adhere to a wide range of legal requirements related to anti-terrorism efforts.

Importantly, any violation of these Anti-Terrorism Laws by the franchisee or their owners, or any blocking of their assets under these laws, constitutes grounds for immediate termination of the franchise agreement. This clause places a significant responsibility on the franchisee to ensure full compliance and highlights the serious consequences of non-compliance.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.