What is the 'Execution Date' in the Brightstar Care Addendum referring to?
Brightstar_Care Franchise · 2025 FDDAnswer from 2025 FDD Document
| 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""). All capitalized terms not defined in this Addendum have the meanings ascribed to them in the Franchise Agreement (as defined below). This Addendum is effective on the date BrightStar signs below (the "Effective Date"). |
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| BACKGROUND |
| A. |
Source: Item 23 — RECEIPTS (FDD pages 118–387)
What This Means (2025 FDD)
According to Brightstar Care's 2025 Franchise Disclosure Document, the Execution Date in the addendum refers to the date the addendum to the BrightStar Franchising, LLC Agency Franchise Agreement is made and entered into. The addendum is between BrightStar Franchising, LLC and the franchisee. The addendum becomes effective on the date BrightStar Care signs it, which is referred to as the 'Effective Date'.
This distinction between the Execution Date and the Effective Date is important for Brightstar Care franchisees because it clarifies when the terms of the addendum officially come into force. While the Execution Date marks when both parties agree to the terms and sign the document, the Effective Date, based on when BrightStar Care signs, determines when those terms legally bind the franchisee.
Prospective Brightstar Care franchisees should pay close attention to both dates to understand their obligations and rights under the addendum. The period between the Execution Date and the Effective Date could involve certain preparations or actions that the franchisee needs to undertake before the agreement fully takes effect. Understanding this timeline is crucial for a smooth transition and adherence to the franchise terms.
It is also important to note that all capitalized terms not defined in the addendum have the meanings ascribed to them in the Franchise Agreement. In the event of a conflict between the terms of the Franchise Agreement and the terms of this Addendum, the terms of this Addendum shall control.