When are the parties signing the South Dakota addendum to the Caring Transitions Franchise Agreement?
Caring_Transitions Franchise · 2025 FDDAnswer from 2025 FDD Document
The parties are signing this addendum concurrently with the Franchise Agreement to which it is attached.
Source: Item 22 — CONTRACTS (FDD page 49)
What This Means (2025 FDD)
According to Caring Transitions' 2025 Franchise Disclosure Document, the South Dakota addendum is signed concurrently with the Franchise Agreement. This means that both documents are signed at the same time.
This concurrent signing ensures that the franchisee and Caring Transitions are both aware of and agree to the specific modifications and stipulations required by South Dakota law at the time of entering the franchise agreement. These stipulations address issues such as covenants not to compete, arbitration, and the governing law applicable to the agreement.
For a prospective Caring Transitions franchisee in South Dakota, this means that the addendum, which modifies the standard franchise agreement to comply with South Dakota law, is an integral part of the initial agreement. The franchisee should carefully review the addendum along with the franchise agreement to understand their rights and obligations under South Dakota law. This includes understanding that certain provisions of the franchise agreement may be superseded by the addendum to ensure compliance with South Dakota regulations.