For Big Apple Bagels in Indiana, what must the signatories acknowledge before the addendum becomes effective?
Big_Apple_Bagels Franchise · 2025 FDDAnswer from 2025 FDD Document
| This Addendum is to a Franchise Agreement dated and | , 20 between BAB Systems, Inc. (Franchisee) to amend said Agreement as follows: |
|---|---|
| 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 Franchise Agreement if such provisions are in |
| 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 | Franchisee: 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 Big Apple Bagels' 2025 Franchise Disclosure Document, for the addendum to the franchise agreement in Indiana to become effective, each signatory must acknowledge having read the addendum, understand its terms, and consent to be bound by them. This acknowledgement is a standard legal practice to ensure that all parties are aware of and agree to the modifications or additions to the original franchise agreement.
This requirement ensures that franchisees are fully informed about any changes to their franchise agreement due to state-specific laws, such as the Indiana Franchises Law. By acknowledging and agreeing to the terms, franchisees confirm they understand how these laws supersede conflicting provisions in the original agreement. This protects both the franchisor and franchisee by ensuring compliance with state regulations and avoiding potential legal disputes.
In practical terms, a prospective Big Apple Bagels franchisee in Indiana should carefully review the addendum and seek legal counsel if needed to fully understand its implications. The franchisee's signature on the addendum signifies their agreement to these terms, making it a legally binding part of their franchise agreement.