How is the 'Agreement Date' determined for the Anago Subfranchise Rights Agreement?

According to Anago's 2025 Franchise Disclosure Document, the 'Agreement Date' for the Anago Subfranchise Rights Agreement is defined as the date the President of Anago executes the agreement. This is a crucial detail as it marks the official commencement of the franchise term and triggers various obligations for both Anago and the subfranchisee.

The agreement's term runs for 10 years from this Agreement Date, unless terminated earlier according to the agreement's provisions. This date is significant for calculating royalty payments, renewal options, and other time-sensitive aspects of the franchise relationship.

Prospective Anago subfranchisees should pay close attention to when the agreement is actually signed by Anago's President, as this date sets the timeline for their entire franchise operation. Understanding this definition is essential for managing expectations and planning the business's future.