When is the Chicken Guy addendum entered into relative to the Development Agreement?
Chicken_Guy Franchise · 2025 FDDAnswer from 2025 FDD Document
| This | Addendum | to | the | Chicken | Guy! | Restaurant | Development | Agreement | dated |
|---|---|---|---|---|---|---|---|---|---|
| ("Development Agreement") between Chicken Guy (Franchisor), LLC ("Chicken | |||||||||
| Guy") and ("Developer") is entered into | |||||||||
| simultaneously with the execution of the Development Agreement. |
Source: Item 17 — RENEWAL, TERMINATION, TRANSFER AND DISPUTE RESOLUTION (FDD pages 40–46)
What This Means (2025 FDD)
According to the 2025 Chicken Guy FDD, the addendum to the Restaurant Development Agreement is entered into simultaneously with the execution of the Development Agreement. This means that the addendum, which modifies or supplements the original Development Agreement, becomes effective at the same time the Development Agreement is signed.
For a prospective Chicken Guy developer, this simultaneous execution ensures that all terms and conditions, including any changes or additions outlined in the addendum, are in effect from the outset of the agreement. This eliminates any ambiguity or potential disputes about which version of the agreement is controlling.
It is important for the developer to carefully review both the Development Agreement and the addendum before signing to fully understand their rights and obligations. Since addenda can vary based on location (e.g., South Dakota, Washington, Minnesota), franchisees should pay close attention to any state-specific stipulations.