In relation to the Bojangles Development Agreement, when is the addendum to the Development Agreement entered into?

According to Bojangles's 2025 Franchise Disclosure Document, the addendum to the Development Agreement is entered into simultaneously with the execution of the Development Agreement. This means that the addendum, which modifies the original agreement, is signed and becomes effective at the same time as the initial Development Agreement between Bojangles OpCo, LLC (the franchisor) and the developer (the franchisee).

This simultaneous execution ensures that both parties are immediately bound by the terms of the addendum from the outset of their development relationship. This is a common practice to streamline the agreement process and ensure all modifications or additional terms are effective from the beginning.

For a prospective Bojangles franchisee, this means that any incentives, modifications, or additional obligations outlined in the addendum are applicable right from the start of the Development Agreement. It is crucial for the franchisee to thoroughly review and understand both the Development Agreement and any addenda before signing, as they both take effect concurrently.