For Big Apple Bagels in Indiana, who are the parties involved in the Area Development Agreement?
Big_Apple_Bagels Franchise · 2025 FDDAnswer from 2025 FDD Document
| This Addendum is to an Area Development Agreement dated Systems, Inc. and | , 20 between BAB (Developer) to amend said Agreement as follows: |
|---|---|
| in conflict with that law. | The Indiana Franchises Law, Title 23, Chapter 2.5, Sections 1 through 51 of the Indiana Code, supersedes any provisions of the Area Development Agreement if such provisions are |
| day of, 20 | In witness whereof, each of the undersigned hereby acknowledges having read this Addendum, understands and consents to be bound by all of its terms, and agrees it shall become effective the |
| Franchisor: BAB SYSTEMS, INC. an Illinois corporation | Area Developer: Corporate/LLC Signature: a corporation/LLC |
| By: Title: Date Accepted: | By: Title: Date Accepted: Individual Signatures: |
Source: Item 22 — CONTRACTS (FDD pages 86–87)
What This Means (2025 FDD)
According to the 2025 Big Apple Bagels FDD, the parties involved in the Area Development Agreement in Indiana are BAB Systems, Inc., identified as the Franchisor, and the Area Developer. BAB Systems, Inc. is specified as an Illinois corporation. The Area Developer is required to provide their corporate or LLC signature, indicating they are also structured as a corporation or LLC. Individual signatures are also required.
This agreement is subject to an addendum that acknowledges the Indiana Franchises Law, Title 23, Chapter 2.5, Sections 1 through 51 of the Indiana Code. This law supersedes any conflicting provisions within the Area Development Agreement, ensuring that the franchise operation complies with Indiana state regulations.
Prospective Big Apple Bagels area developers in Indiana should carefully review the Area Development Agreement and its addendum to understand their rights and obligations. They should also consult with legal counsel to ensure full compliance with the Indiana Franchises Law and to clarify any potential conflicts or ambiguities in the agreement.