What is the name used for the franchisee in the Amendment to the Franchise Agreement for Boulder Designs?
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. | ||
| 1. | Section 3.1 of the Franchise Agreement is amended to reflect that payment of Initial Franchise | |
| has commenced doing business. | Fees will be deferred until Franchisor has met its initial obligations to Franchisee, and Franchisee | |
| IN WITNESS WHEREOF, | Franchisee and Franchisor have executed this Amendment to the Franchise |
Source: Item 22 — CONTRACTS (FDD page 50)
What This Means (2025 FDD)
According to the 2025 Boulder Designs Franchise Disclosure Document, the franchisee is referred to as "Franchisee" in the Amendment to the Franchise Agreement. This is evident in the provided excerpt from Item 22, which outlines various aspects of the franchise agreement and its amendment.
Specifically, the document includes a table indicating the parties involved in the amendment: Boulder Designs Franchising, LLC, identified as "Franchisor," and the franchisee, identified as "Franchisee." The amendment is executed simultaneously with the Franchise Agreement, further solidifying the relationship between the two parties.
This terminology is consistent throughout the document, ensuring clarity and legal precision in defining the roles and responsibilities of each party within the franchise relationship. Prospective franchisees should pay close attention to the defined terms within the franchise agreement, as these definitions will govern the interpretation and enforcement of the agreement.