What section of the Buildingstars Franchise Agreements covers non-competition covenants related to financing?
Buildingstars Franchise · 2025 FDDAnswer from 2025 FDD Document
der the circumstances explained in Item 5, or Account Sales Fees.
SUMMARY OF FINANCING OFFERED
| | Obligation | Section in Franchise Agreements | Disclosure Document Item
Source: Item 10 — FINANCING (FDD page 20)
What This Means (2025 FDD)
According to Buildingstars's 2025 Franchise Disclosure Document, Section X of the Franchise Agreements covers non-competition covenants. Item 10 in the FDD refers to financing and includes a table that cross-references various obligations with their corresponding sections in the Franchise Agreements and relevant items in the Disclosure Document.
Specifically, the table indicates that non-competition covenants are addressed in Section X of the Franchise Agreements. This is further linked to Items 15 and 17 of the Disclosure Document, suggesting that these items also contain information relevant to non-competition agreements.
For a prospective Buildingstars franchisee, this means that Section X of the Franchise Agreement is a critical section to review carefully to understand the restrictions on their ability to compete with Buildingstars, both during the term of the franchise agreement and after its termination. Additionally, Items 15 and 17 of the FDD should be consulted for further details and context regarding these non-competition covenants.