Who are the parties involved in the agreement that is entered into simultaneously with the execution of 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, the parties involved in the Amendment to the Boulder Designs Franchise Agreement, which is entered into simultaneously with the execution of the Franchise Agreement, are Boulder Designs Franchising, LLC, identified as the Franchisor, and the Franchisee. This indicates that both the franchisor and the franchisee are parties to the agreement.
This simultaneous agreement likely covers specific aspects of the franchise relationship that require immediate attention upon signing the main Franchise Agreement. These could include modifications to initial obligations, fee deferrals, or participation in specific programs like the national headstone program mentioned elsewhere in the FDD.
Prospective Boulder Designs franchisees should carefully review this amendment alongside the main Franchise Agreement to understand their rights and obligations from the outset. Understanding the specifics of this agreement is crucial, as it directly impacts the initial stages of operating a Boulder Designs franchise.