factual

To what extent is each provision of the Amendment effective for a Boulder Designs franchise?

Boulder_Designs Franchise · 2025 FDD

Answer 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.

  1. No statement, questionnaire or acknowledgement signed or agreed to by a franchisee in connection with the commencement of the franchise relationship shall have the effect of: (i) waiving any claims under any applicable state franchise law, including fraud in the inducement, or (ii) disclaiming reliance on behalf of the Franchisor. This provision supersedes any other term of any document executed in connection with the franchise.

Boulder Designs® 1 IL Amendment Franchise Agreement | 2025

IN WITNESS WHEREOF, Franchisee and Franchisor have executed this Amendment to the Franchise Agreement simultaneously with the execution of the Franchise Agreement.

FRANCHISOR: FRANCHISEE: BOULDER DESIGNS FRANCHISING, LLC By: By: Frank J. "Butch" Mogavero Name/Title Chief Executive Officer

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 Franchise Agreement is effective upon execution by both the franchisor and the franchisee. The Amendment modifies the original Franchise Agreement, and any capitalized terms not defined in the Amendment will have the same meaning as in the original Franchise Agreement.

The Amendment includes specific modifications to certain sections of the Franchise Agreement. For example, Section 3.1 regarding the payment of Initial Franchise Fees may be amended to defer payments until Boulder Designs has met its initial obligations to the franchisee. Additionally, for franchisees in Hawaii, certain provisions in the franchise agreement, disclosure documents, or other writings that disclaim representations made by Boulder Designs or deny reliance on those representations or the FDD are considered void and unenforceable. Article 24 and Exhibit 5 of the Franchise Agreement are also deleted in their entirety for Hawaii franchisees.

The document also states that no statement, questionnaire, or acknowledgement signed by a franchisee can waive claims under state franchise law, including fraud in the inducement, or disclaim reliance on behalf of Boulder Designs. This provision supersedes any other conflicting terms in any document related to the franchise. The agreement is governed by Texas law, and if any provision is found to be invalid, the rest of the agreement remains in effect, construed as if the invalid provision never existed and revised to be valid and enforceable.

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.