factual

When is the Hawaii State amendment to the Bang Cookies Franchise Agreement executed?

Bang_Cookies Franchise · 2024 FDD

Answer from 2024 FDD Document

IN WITNESS WHEREOF, the parties have duly executed and delivered this Hawaii State amendment to the Bang Cookies Franchise LLC Franchise Agreement on the same date as the Franchise Agreement was executed.

Source: Item 23 — RECEIPTS (FDD pages 56–245)

What This Means (2024 FDD)

According to Bang Cookies' 2024 Franchise Disclosure Document, the Hawaii State amendment to the Bang Cookies Franchise LLC Franchise Agreement is executed on the same date as the Franchise Agreement. This means that when a franchisee signs the main Franchise Agreement, they also sign the Hawaii amendment at the same time, ensuring that both documents are legally aligned from the outset. This simultaneous execution likely aims to streamline the franchising process and ensure compliance with Hawaii's specific franchise laws.

This practice is beneficial for prospective Bang Cookies franchisees in Hawaii as it integrates state-specific legal considerations directly into the franchise agreement. The amendment addresses key aspects of Hawaii's Franchise Investment Law, particularly concerning franchisee rights related to non-renewal, termination, and transfer of the agreement. By executing the amendment concurrently with the main agreement, Bang Cookies ensures that franchisees are immediately aware of and protected by these state-specific rights.

It is important for potential Bang Cookies franchisees in Hawaii to carefully review both the Franchise Agreement and the Hawaii State amendment. Understanding the interplay between the standard franchise terms and the specific protections afforded by Hawaii law is crucial for making informed decisions. Franchisees should pay close attention to provisions concerning termination, renewal, and transfer, ensuring they are comfortable with the conditions and limitations outlined in both documents. Consulting with an attorney experienced in franchise law is advisable to fully grasp the implications of these agreements.

Disclaimer: This information is extracted from the 2024 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.