According to the Dog Haus Addendum, who is the agreement binding upon?
Dog_Haus Franchise · 2025 FDDAnswer from 2025 FDD Document
- 9.1 Successors and Assigns. This Addendum shall be binding upon and inure to the benefit of the successors and assigns of Franchisor and shall be binding upon and inure to the benefit of Franchisee and his or their respective, heirs, executors, administrators, and its successors and assigns.
Source: Item 23 — RECEIPTS (FDD pages 87–328)
What This Means (2025 FDD)
According to Dog Haus's 2025 Franchise Disclosure Document, the Addendum is binding upon the successors and assigns of the franchisor, and it is also binding upon the franchisee, including their heirs, executors, administrators, and their respective successors and assigns.
This means that if Dog Haus sells the franchise system, the new franchisor is bound by the terms of the Addendum. Similarly, if the franchisee passes away, their estate is obligated to fulfill the agreement. This ensures continuity and clarity regarding the obligations outlined in the Addendum, regardless of changes in ownership or management.
This clause is a standard legal provision in franchise agreements. It ensures that the agreement remains in effect even if there are changes in the parties involved due to succession or assignment. Prospective franchisees should understand that their obligations under the franchise agreement will extend to their heirs and successors, which has implications for estate planning and business transfer.