Where should payments be sent for the Boulder Designs promissory note?
Boulder_Designs Franchise · 2025 FDDAnswer from 2025 FDD Document
other person acting on behalf of the franchisor. This provision supersedes any other term of any document executed in connection with the franchise.
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
EXHIBIT 9 TO THE FRANCHISE AGREEMENT
PROMISSORY NOTE
PROMISSORY NOTE AND SECURITY AGREEMENT
| $ | , 2
Source: Item 22 — CONTRACTS (FDD page 50)
What This Means (2025 FDD)
According to Boulder Designs' 2025 Franchise Disclosure Document, payments for the promissory note should be sent to Boulder Designs Franchising, LLC at its offices at 2324 N. Robinson Drive, Waco, Texas 76706, or to such other location as Boulder Designs may designate.
This means that if you, as a franchisee, have a promissory note with Boulder Designs, you are obligated to send your payments to the specified address in Waco, Texas. However, Boulder Designs retains the right to change this payment location, so it is important to stay informed of any updates they provide.
It is also important to note that any payment not received within ten days of its due date is subject to a late fee of $50. Therefore, franchisees should ensure timely payments to avoid incurring additional charges. Franchisees should confirm with Boulder Designs whether they have changed the payment location.