What is the date referenced in the Addendum to the Franchise Agreement for Antioch Pizza Shop?
Antioch_Pizza_Shop Franchise · 2025 FDDAnswer from 2025 FDD Document
Each Franchise Agreement shall be in the form of Franchise Agreement being offered by us at the time you execute the Franchise Agreement, which may differ from the form of Franchise Agreement being offered by us on the date of execution of this Agreement, except that an addendum to the Franchise Agreement shall be entered into to incorporate terms of this Agreement relating to initial franchise fees to be paid to you under each Franchise Agreement.
Source: Item 22 — Contracts (FDD pages 56–57)
What This Means (2025 FDD)
According to the 2025 FDD, any Franchise Agreement executed for an Antioch Pizza Shop will include an addendum. This addendum incorporates terms from the Multi-Unit Development Agreement (MUDA) related to the initial franchise fees. The FDD references the current form of the Franchise Agreement being offered at the time of execution, which may differ from the form offered on the date of the Multi-Unit Development Agreement. The purpose of the addendum is to ensure that the terms of the Development Agreement regarding initial franchise fees are included in each individual Franchise Agreement. This ensures that any specific financial arrangements agreed upon in the Development Agreement are carried over into the subsequent Franchise Agreements for each location developed under the multi-unit plan.