factual

According to the addendum, what agreement are Checkersrallys and the franchisee modifying?

Checkersrallys Franchise · 2025 FDD

Answer from 2025 FDD Document

WHEREAS, the Parties now desire to modify the Franchise Agreement according to the terms and conditions set forth in this Addendum.

Source: Item 22 — CONTRACTS (FDD pages 91–92)

What This Means (2025 FDD)

According to Checkersrallys's 2025 Franchise Disclosure Document, the addendum modifies the existing Franchise Agreement between Checkersrallys and the franchisee. The document states that both parties desire to change the original agreement based on the terms and conditions outlined in the addendum.

The addendum is designed to be attached to and become an integral part of the original Franchise Agreement. Unless specifically defined in the addendum, all capitalized terms retain the meanings as defined in the original agreement. The Franchise Agreement remains fully effective except for the specific modifications detailed in the addendum. In case of any conflict, the provisions of the addendum take precedence over the original agreement.

Several addenda outline specific scenarios where the Franchise Agreement is modified. These include situations where the franchisee is opening a restaurant at a non-traditional site, qualifying for certain incentives, or being a veteran. Each addendum details specific changes to fees, conditions, and other aspects of the Franchise Agreement relevant to the particular situation. For example, one addendum modifies Section 6.01 to reflect an initial franchise fee reduction of $15,000 for restaurants at non-traditional sites, while another reduces the initial franchise fee to $0 for qualified veterans.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.