Does the Confidentiality and Non-Compete Agreement for Burros Fries specify a date of agreement?

According to the 2024 Burros Fries Franchise Disclosure Document, Schedule 3, the Individual Guaranty, which is related to the Franchise Agreement, includes a space to record the date of the agreement. Specifically, the document states that the Guaranty is a schedule to the Franchise Agreement between Burros & Fries Franchise, Inc. and the franchisee, and provides a blank space to write in the day and year.

This implies that the date of the agreement is intended to be recorded on the Individual Guaranty form. This form is used when the franchisee is a corporation, partnership, or other entity, and it requires individuals to personally guarantee the franchisee's performance under the Franchise Agreement.

Prospective Burros Fries franchisees should ensure that the date is accurately recorded on the Individual Guaranty when it is executed, as this date may be important for determining the enforceability and term of the agreement. This date helps to establish when the obligations and restrictions outlined in the agreement, such as non-competition, indemnity, and non-disclosure provisions, become effective.