When is the Chicken Guy! Restaurant Development Agreement addendum entered into?
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 Franchise Disclosure Document, the addendum to the Restaurant Development Agreement is entered into simultaneously with the execution of the Development Agreement. This means that the addendum becomes effective at the same time the Development Agreement is signed by both Chicken Guy and the developer (franchisee).
In practical terms, this ensures that all terms and conditions, including any modifications or additions outlined in the addendum, are legally binding from the outset of the development relationship. This simultaneous execution helps to avoid any ambiguity or disputes about when the addendum's provisions take effect.
For a prospective Chicken Guy developer, this means that they should carefully review both the Development Agreement and its addendum together before signing, as both documents will immediately govern their development obligations and rights. Understanding the interplay between the two documents is crucial for a successful franchise relationship.