What is the significance of the date on the Bens Soft Pretzels Addendum?
Bens_Soft_Pretzels Franchise · 2025 FDDAnswer from 2025 FDD Document
| This | Addendum | to | Franchise | Agreement | ("Franchise | Agreement") | dated |
|---|---|---|---|---|---|---|---|
| between Ben's Soft Pretzels Franchising Corporation ("Franchisor") and ("Franchisee") is entered into simultaneously with the execution of | |||||||
| the Franchise Agreement. |
Source: Item 22 — CONTRACTS (FDD pages 46–47)
What This Means (2025 FDD)
According to the 2025 Bens Soft Pretzels Franchise Disclosure Document, the date on the addendum signifies when the addendum becomes effective and legally binding. Several addenda are referenced within the FDD, each serving to modify or add to the original franchise agreement.
The "Captive Venue Addendum" is dated to specify when the agreement between Bens Soft Pretzels Franchising Corporation and the franchisee is entered. This addendum modifies the original agreement to account for the specific conditions of a captive venue location, such as limitations on territory and sales outside the authorized location.
Similarly, the "Addendum to Lease" is dated to indicate when the agreement between the landlord and tenant (franchisee) becomes effective. This addendum acknowledges the franchisee's intention to operate a Bens Soft Pretzels store at the premises and ensures that the landlord is aware of the franchise agreement. Another addendum, the "Rider to State Addendum," is signed to amend the Franchise Agreement, particularly for franchisees residing in or planning to operate in an Applicable Franchise Registration State. The date confirms when these amendments take effect.
In summary, the date on any Bens Soft Pretzels addendum is crucial for establishing the timeline and legal enforceability of the modifications or additions to the original Franchise Agreement. It ensures that all parties are clear on when the new terms and conditions come into effect, which is vital for compliance and dispute resolution.