Does the Azal Coffee franchise agreement addendum for Hawaii reference a specific date?
Azal_Coffee Franchise · 2024 FDDAnswer from 2024 FDD Document
| THIS ADDENDUM is made this | day of, 20, and modifies a |
|---|---|
| Franchise Agreement of the same date entered | d into by DURAR INVESTMENT, LLC, a Michigan |
| limited liability company ("Franchisor") and | |
| (" Franchisee "). | |
| In recognition of the r |
Source: Item 23 — RECEIPTS (FDD pages 51–204)
What This Means (2024 FDD)
The 2024 Azal Coffee Franchise Disclosure Document includes a general addendum form that references a date. Specifically, the addendum includes a space to write in the day and year that it was made. The form states that the addendum modifies a Franchise Agreement of the same date entered into by Azal Coffee and the franchisee.
Prospective Azal Coffee franchisees should note that this addendum is a standard form and the specific date will be filled in at the time of signing. This ensures that the addendum is properly linked to the specific Franchise Agreement it is intended to modify. Franchisees should carefully review all documents, including this addendum, with their legal counsel to fully understand their rights and obligations.
While the excerpt focuses on the general addendum form, it's important for potential franchisees to understand how state-specific addenda, like those for Hawaii, interact with the main agreement. The Hawaii-specific addendum addresses specific legal considerations within that state, particularly regarding the purchase of products and potential claims under Hawaii Investment Law. Franchisees should pay close attention to these state-specific clauses as they can significantly impact their operations and legal rights.