Does the amendment to the Beverly Anns Cookie franchise agreement bind successors and assigns?

According to the 2025 Beverly Anns Cookie Franchise Disclosure Document, the amendment to the franchise agreement is binding upon the parties involved and extends to their respective successors and assigns. This means that the obligations and benefits outlined in the amendment are not only applicable to the original franchisee and franchisor but also to any individuals or entities that may later acquire their rights or responsibilities.

For a prospective Beverly Anns Cookie franchisee, this clause ensures that if they sell their franchise, the new owner (the assignee) will be bound by the terms of the existing amendment. Similarly, if Mobile Cookie Company, LLC, the franchisor, transfers its rights to another company, that new entity will also be obligated to uphold the terms of the amendment. This provides a level of continuity and security for all parties involved, as the terms of the amendment remain in effect regardless of changes in ownership or control.

This "successors and assigns" clause is a standard provision in franchise agreements and other legal contracts. It is designed to prevent parties from circumventing their obligations by transferring their rights to another entity. Franchisees should carefully review all amendments to their franchise agreement to understand the full scope of their obligations and rights, as well as how those obligations and rights may be transferred or assigned in the future.