What is the name of the addendum that Bens Soft Pretzels uses for captive venues?
Bens_Soft_Pretzels Franchise · 2025 FDDAnswer from 2025 FDD Document
| This Captive Venue Addendum ("Addendum") dated this day of, , is entered into by and between Ben's Soft Pretzels Franchising Corporation, an Indiana | |
|---|---|
| corporation ("Franchisor") and ("Franchisee"). | |
| WITNESSETH | |
| A. | The parties have entered a Franchise Agreement, dated, 20, relating to the |
| development and operation of a BEN'S SOFT PRETZELS store at the following captive market | |
| location: | |
| (the | |
| "Authorized | |
| Location") | |
| B. | The parties desire to amend the Agreement in accordance with the terms and conditions |
| contained in this Addendum in order to reflect changes to the Agreement to take into | |
| account the captive venue nature of the Authorized Location. | |
| AGREEMENT | |
| Franchisor and Franchisee agree that the Agreement is hereby modified, as follows: | |
| 1. | Rights Granted. Franchisor hereby agrees to grant to Franchisee the right to operate one |
| Store at the Authorized Location. Franchisee acknowledges and agrees that Franchisee | |
| will have no exclusive or protected territory or area of any kind and Franchisee's Store is | |
| be prohibited from selling outside of the Authorized Location. | |
| 2. Commencement Date. The commencement date of operations of the Mobile Store shall | |
| be the date that Franchisor authorizes in writing ("Commencement Date") that the Mobile | |
| Store is ready for operation and Franchisee has satisfied all other requirements that | |
| Franchisor has established in writing. | |
| 3. Additional Changes. Franchisee and Franchisor agree to the following changes, | |
| (including any changes required by the Venue Operating Partner): | |
| a. | |
| b | |
| c. | |
| 4. | |
| Miscellaneous. Unless otherwise stated in this Addendum, all of the terms and conditions |
Source: Item 22 — CONTRACTS (FDD pages 46–47)
What This Means (2025 FDD)
According to the 2025 Bens Soft Pretzels Franchise Disclosure Document, the addendum used for captive venues is called the "Captive Venue Addendum". This addendum is a formal agreement entered into by Ben's Soft Pretzels Franchising Corporation and the franchisee. It serves to modify the standard Franchise Agreement to account for the specific conditions of operating a Bens Soft Pretzels store within a captive venue.
The Captive Venue Addendum outlines several key modifications to the standard franchise agreement. Specifically, the franchisee's rights are limited to operating a store at an authorized location within the captive venue, and they are prohibited from selling outside of that location. The addendum also states that the franchisee will not have any exclusive or protected territory.
Furthermore, the addendum addresses additional changes that may be required by the Venue Operating Partner. The commencement date of operations is contingent upon written authorization from Bens Soft Pretzels, confirming that the store is ready and that the franchisee has met all established requirements. This addendum ensures that both the franchisor and franchisee are aligned with the operational and locational constraints specific to captive venues.