What is the 'Effective Date' referring to in the Brightstar Care Addendum?
Brightstar_Care Franchise · 2025 FDDAnswer from 2025 FDD Document
f which together will constitute one and the same instrument.
IN WITNESS WHEREOF the undersigned duly authorized representatives of the parties hereby execute this Business Associate Agreement as of COVERED ENTITY: BUSINESS ASSOCIATE: BrightStar Franchising, LLC Its: Its: Its:
EXHIBIT O
STANDARD RESALE ADDENDUM TO FRANCHISE AGREEMENT
STANDARD RESALE ADDENDUM TO BRIGHTSTAR FRANCHISING, LLC AGENCY FRANCHISE AGREEMENT
| This addendum (the "Addendum") to the BrightStar Franchising, LLC Agency Franchise Agreement is made and entered into as of (the "Execution Date") by and between BrightStar Franchising, LLC, an Illinois limited liability company with its principal place of business at 2275 Half Day Road, Suite 210, Bannockburn, IL 60015 ("we," "us," or "our"), and , with an address at (""you" or "your"").
Source: Item 23 — RECEIPTS (FDD pages 118–387)
What This Means (2025 FDD)
According to Brightstar Care's 2025 Franchise Disclosure Document, the Effective Date in the context of the addendum to the Brightstar Franchising, LLC Agency Franchise Agreement refers to the date Brightstar Care signs the addendum. The addendum itself is made and entered into as of the Execution Date, but it only becomes effective once Brightstar Care officially signs it. This detail is important for franchisees as it marks the point from which the terms and conditions outlined in the addendum become legally binding.
This distinction between the Execution Date and the Effective Date is a standard legal practice to ensure that all parties are in agreement and that Brightstar Care has formally committed to the terms outlined in the addendum. The addendum modifies the original franchise agreement, and the Effective Date clarifies when these modifications take effect.
For a prospective Brightstar Care franchisee, understanding the Effective Date is crucial because it determines when the new or modified terms of their franchise agreement officially begin. This could impact various aspects of their franchise operation, including performance standards, obligations, and any waivers or incentives outlined in the addendum. Franchisees should confirm the Effective Date with Brightstar Care to align their operational plans with the updated agreement terms.