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: ______________________
“affiliation”
Note to Parties: This Addendum only addresses
between the Franchisor and Franchisee.
Additionally, the applicant Franchisee and the franchise system must meet all SBA eligibility
requirements.
SBA Form 2462 (11-16)
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