What is an 'Adoption Agreement' in relation to the Bojangles Advertising Expense Sharing Agreement?
Bojangles Franchise · 2025 FDDAnswer from 2025 FDD Document
- e. "Adoption Agreement" shall mean an agreement executed by a Franchisee after the execution of this Agreement pursuant to which such Franchisee becomes a party to this Agreement and agrees to be bound by the terms of this Agreement.
Source: Item 22 — CONTRACTS (FDD page 82)
What This Means (2025 FDD)
According to Bojangles's 2025 Franchise Disclosure Document, an Adoption Agreement is a specific legal document related to the Advertising Expense Sharing Agreement. It is defined as an agreement executed by a franchisee after the initial execution of the Advertising Expense Sharing Agreement.
By signing an Adoption Agreement, a franchisee formally becomes a party to the Advertising Expense Sharing Agreement. This signifies their commitment to adhere to all the terms and conditions outlined within the original agreement. This ensures that new franchisees or existing franchisees who were not part of the original agreement can still participate in the cooperative advertising efforts within their DMA (Designated Market Area).
In essence, the Adoption Agreement serves as a mechanism for franchisees to join the existing Advertising Expense Sharing Agreement at a later date, ensuring that all participating members are bound by the same rules and obligations regarding advertising contributions and activities within their designated market area.