Sba Form 2462 - Addendum To Franchise Agreement Page 2
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2SOP 50 10 5(I)
Appendix 9
EMPLOYMENT
•
Franchisor will not directly control (hire, fire or schedule) Franchisee’s employees.
This Addendum automatically terminates on the earlier to occur of the following: (i) the Loan is paid in
full; or (ii) SBA no longer has any interest in the Loan.
Except as amended by this Addendum, the Franchise Agreement remains in full force and effect according
to its terms.
FRANCHISOR:
FRANCHISEE:
By:
By:
.
Print Name:
Print Name:
.
Note to Parties: This Addendum only addresses “affiliation” between the Franchisor and Franchisee.
Additionally, the applicant Franchisee and the franchise system must meet all SBA eligibility requirements.
Effective Date: January 1, 2017
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