When signing the addendum, what date does the franchisor Big Apple Bagels require to be included?
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 |
Source: Item 23 — RECEIPTS (FDD pages 87–319)
What This Means (2025 FDD)
According to Big Apple Bagels' 2025 Franchise Disclosure Document, the addendum to the franchise agreement requires the inclusion of the date when the agreement becomes effective. Specifically, the document indicates that each party signing the addendum acknowledges they have read and understood the terms, consenting to be bound by them. The addendum becomes effective on a specific date in 20__. This date needs to be filled in on the line that states "day of, 20".
This implies that the date of signing or agreement to the addendum's terms is a crucial component of the document. It legally binds both Big Apple Bagels and the franchisee to the amended terms from that specific date forward. This date establishes a clear starting point for the revised obligations and rights outlined in the addendum.
Prospective franchisees should pay close attention to this date, as it marks the commencement of any new or modified terms within their franchise agreement. Ensuring the date is accurately recorded is essential for legal clarity and to avoid potential disputes regarding the effective period of the addendum.