What is the significance of the date mentioned in the Bens Soft Pretzels 3-Pack Addendum?
Bens_Soft_Pretzels Franchise · 2025 FDDAnswer from 2025 FDD Document
be legally bound hereby has duly executed, sealed and delivered this Agreement the day and year first above written.
BEN'S PRETZELS FRANCHISING SOFT CORPORATION
Captive Venue Addendum
| 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. |
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 referenced in the 3-Pack Addendum, as well as other addenda, signifies the effective date when the addendum becomes legally binding between Bens Soft Pretzels Franchising Corporation and the franchisee. This date is crucial because it marks the point at which the specific terms and conditions outlined in the addendum, which modify the original franchise agreement, come into force.
The FDD excerpts show that various addenda, such as the Captive Venue Addendum, the Addendum to Lease, and the Mobile Store Program Agreement, each contain a space for a date to be entered. This indicates that each addendum is intended to be customized and dated at the time of execution. For instance, the Addendum to Lease is dated to correspond with the Lease Agreement, ensuring that both documents are aligned and legally connected. Similarly, the Mobile Store Program Agreement includes a date to signify when that specific agreement is entered into.
For a prospective Bens Soft Pretzels franchisee, understanding the significance of these dates is essential. It ensures clarity regarding when specific obligations and rights under each addendum take effect. The franchisee should confirm that all dates are accurately recorded on each addendum to avoid any potential disputes or misunderstandings regarding the terms of their franchise agreement with Bens Soft Pretzels.