Under the Big Apple Bagels addendum, on what date does the addendum become effective after being signed?

According to the 2025 Big Apple Bagels Franchise Disclosure Document, the addendum to the franchise agreement becomes effective on the day it is signed by both parties. Specifically, the addendum states that by signing, each party acknowledges they have read, understand, and consent to be bound by the terms, and agree that the addendum becomes effective 'this day of , 20_'.

This means that once the franchisee and Big Apple Bagels have both signed the addendum, it immediately modifies the original franchise agreement. This immediate effectiveness is fairly standard in franchise agreements, as addenda are typically used to address specific legal or operational requirements that need to be implemented without delay.

Prospective franchisees should note the date of signing on the addendum, as this is the date from which the new or modified terms take effect. It is crucial to fully understand the implications of the addendum before signing, as it immediately alters the rights and obligations of both the franchisee and Big Apple Bagels under the original agreement.