According to the Beverly Anns Cookie agreement, what does the agreement supersede?
Beverly_Anns_Cookie Franchise · 2025 FDDAnswer from 2025 FDD Document
This Franchise Agreement Transfer Addendum ("Transfer Addendum") is made and entered into as of 7/17/2025 ("Effective Date"), by and between MOBILE COOKIE COMPANY, LLC, a Delaware limited liability company ("Franchisor") and [Entity Name], d/b/a ["DBA Name"], a(n) [state] [type of entity] ("Franchisee") (each, a "Party" and together, the "Parties").
BACKGROUND
- A. Franchisor and Franchisee are parties to a Franchise Agreement ("Franchise Agreement") [dated/dated as of] 7/17/2025as a result of an approved transfer of a franchised business of Franchisor ("Franchised Business").
- B. Franchisor and Franchisee desire to amend the Franchise Agreement to reflect Franchisee's status as a transferee franchisee for the Franchised Business.
- C. All capitalized terms not otherwise defined in this Transfer Addendum shall have the meanings set forth in the Franchise Agreement.
AGREEMENT
NOW, THEREFORE, in consideration of the mutual covenants and promises of the parties and subject to the following terms and conditions, it is agreed as follows:
Source: Item 22 — CONTRACTS (FDD page 57)
What This Means (2025 FDD)
According to the 2025 Beverly Anns Cookie Franchise Disclosure Document, the Franchise Agreement Transfer Addendum is made and entered into as of 7/17/2025, by and between Mobile Cookie Company, LLC and the Franchisee. The Franchise Agreement Transfer Addendum is designed to amend the existing Franchise Agreement to reflect the franchisee's status as a transferee franchisee for the Franchised Business.
This addendum acknowledges that the Franchisor and Franchisee are already parties to a Franchise Agreement due to an approved transfer of a franchised business. The purpose of the Transfer Addendum is to modify the original agreement to account for the change in franchisee status.
For a prospective Beverly Anns Cookie franchisee, this means that if they are acquiring an existing franchise through a transfer, the terms of the original Franchise Agreement will be adjusted by this Transfer Addendum. This ensures that the agreement reflects the current operational status and the new franchisee's role as a transferee, potentially altering obligations and fees as outlined in the original agreement.