When does the weekly fee for violating the Boulder Designs agreement stop accruing?
Boulder_Designs Franchise · 2025 FDDAnswer from 2025 FDD Document
respect thereto shall continue in full force and effect.
The paragraph headings in this Agreement are included solely for convenience and shall not affect, or be used in connection with, the interpretation of this Agreement. Whenever the context of this Agreement requires, the masculine gender includes the feminine or neuter and vice versa, and the singular number includes the plural. Capitalized terms not herein defined shall have the meaning set forth in the Franchise Agr
Source: Item 22 — CONTRACTS (FDD page 50)
What This Means (2025 FDD)
According to Boulder Designs's 2025 Franchise Disclosure Document, if a franchisee violates the agreement and competes with Boulder Designs, its assigns, or any franchisees, Boulder Designs has the right to require the franchisee to report all sales made by the competitive business. Additionally, the franchisee will pay Boulder Designs a weekly fee of $1,000.
This weekly fee is retroactive to the first date of the violation. The fee continues for each week that the violation continues.
The weekly fee stops accruing when a judicial order is entered. The payment of this fee does not revive or modify the original agreement.