Besides the specific modifications in the Amendment, what remains in effect for the Boulder Designs Franchise Agreement?
Boulder_Designs Franchise · 2025 FDDAnswer from 2025 FDD Document
Any capitalized terms that are not defined in this Amendment shall have the meaning given them in the Franchise Agreement.
Except as expressly modified by this Amendment, the Franchise Agreement remains unmodified and in full force and effect.
Source: Item 22 — CONTRACTS (FDD page 50)
What This Means (2025 FDD)
According to Boulder Designs' 2025 Franchise Disclosure Document, unless explicitly modified by an amendment, the original Franchise Agreement remains in full effect. This means that all the terms, conditions, obligations, and rights outlined in the initial agreement continue to govern the relationship between Boulder Designs and the franchisee, except for those specific points that the amendment alters.
This provision ensures that the core understanding between Boulder Designs and its franchisees remains consistent. Franchisees should carefully review both the original Franchise Agreement and any amendments to fully understand their rights and responsibilities. It is also important to note that any capitalized terms not defined in the amendment will retain the meaning assigned to them in the original Franchise Agreement, maintaining consistency in interpretation.
This clause is standard in franchise agreements, providing legal certainty and stability to the franchise relationship. It prevents the entire agreement from being called into question due to a single modification. However, franchisees must pay close attention to how amendments might affect their obligations or the franchisor's rights, as these changes are legally binding.