For Dq Treat, when does the addendum terminate?
Dq_Treat Franchise · 2025 FDDAnswer from 2025 FDD Document
Company and Licensee are entering into the Agreement on the same date as this addendum and want to modify the Agreement as follows:
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- Effective Date. This addendum is effective on the Effective Date of the Agreement and
terminates upon the earlier of the transfer or termination of the Agreement.
Source: Item 17 — The following paragraph is added to the end of Item 17 of the Disclosure Document: (FDD pages 70–378)
What This Means (2025 FDD)
According to the 2025 Dq Treat Franchise Disclosure Document, the addendum to the operating agreement is effective on the same date as the operating agreement itself. The addendum terminates when the operating agreement is either transferred or terminated.
For a prospective franchisee, this means that the modifications and specific terms outlined in the addendum, such as those related to territory, fees, or other operational aspects, are only valid as long as the main franchise agreement remains in effect. If the franchisee sells or transfers their Dq Treat franchise to another party, or if the agreement is terminated due to a breach of contract or other reasons, the addendum also ceases to be in effect.
This clause ensures that any specific modifications or exceptions granted in the addendum are tied directly to the original franchisee and the original terms of the agreement. It prevents any potential complications that could arise if the addendum were to continue independently of the main agreement, especially in cases of transfer or termination. Franchisees should therefore understand that the benefits and obligations outlined in the addendum are not permanent and are subject to the overall status of their franchise agreement with Dq Treat.