For Checkersrallys, what is the definition of 'Veteran' as it is used in the context of the Addendum?
Checkersrallys Franchise · 2025 FDDAnswer from 2025 FDD Document
ent; Recitals**. This Addendum shall be annexed to and form a part of the Franchise Agreement. All capitalized terms not otherwise defined in this Addendum shall have the meanings set forth in the Franchise Agreement. Except as modified by this Addendum, the Franchise Agreement remains in full force and effect. Any conflict between the provisions hereof and the Franchise Agreement shall be construed in favor of this Addendum. All references in this Addendum to "Sections," "Subsections," and/or "Exhibits" shall mean the applicable Section(s), Subsection(s), and/or Exhibit(s) of the Franchise Agreement, unless specified otherwise below. The Recitals above are incorporated into this Addendum by reference.
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- **Qualification
Source: Item 22 — CONTRACTS (FDD pages 91–92)
What This Means (2025 FDD)
According to Checkersrallys's 2025 Franchise Disclosure Document, the Vet Fran Incentive Addendum defines "Veteran" in the context of eligibility for incentives. To qualify as a Veteran, the franchisee must either be a veteran of the United States military or have at least 51% ownership held by a veteran.
In addition to being a veteran or having majority veteran ownership, the veteran must have been honorably discharged from the United States military. Checkersrallys requires relevant supporting documentation to verify both the veteran status and the honorable discharge.
This definition is important because it determines eligibility for the Vet Fran Incentive, which reduces the initial franchise fee to zero dollars. Prospective franchisees who believe they qualify should ensure they can provide the necessary documentation to Checkersrallys to take advantage of this incentive.