What is the purpose of the Dq Treat Renewal Addendum?
Dq_Treat Franchise · 2025 FDDAnswer from 2025 FDD Document
| Authorized Location: | ||
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| RENEWAL ADDENDUM TO DQ® TREAT OPERATING AGREEMENT is Addendum to DQ® treat operating agreement ("Agreement") is between American arry Queen Corporation ("Company") and ("Licensee"). Background • Company and Licensee signed a franchise agreement dated that expires on("Expired Agreement"). • Licensee wants to renew the franchise for the Authorized Location under the Agreement, except that Company and Licensee want to modify the Agreement. | ||
| Th | erefore, the parties agree as follows. | |
| 1. | Modernization Date. Licensee must complete the modernization required under the Expired Agreement by the earlier of or any transfer under the Agreement. This paragraph 1 does not change the modernization requirements under the Agreement. | |
| 2. | Training. Licensee must be in compliance with the Expired Agreement's training requirements, and is not required to comply with any further training under section $7.1$ upon signing the Agreement. Sections $7.2-7.8$ are not affected by this addendum. | |
| 3. | Term. Section 4.1 of the Agreement is modified to provide as follows: The term of this Agreement starts on the Effective Date and, unless earlier terminated under section 13, runs for the remaining term of Licensee's lease, as designated on the cover page of the Agreement. | |
| 4. | [If Licensee has an unapproved EPOS system, add: POS. Licensee must replace the existing unapproved EPOS system with the ADQ-approved Integrated Technology Platform/Par Brink EPOS system ("ITP System") by [insert required installation date.] | |
| 5. | Initial Franchise Fee. Section 9.1 of the Agreement is deleted. Instead, Licensee must pay the renewal fee specified in the Expired Agreement in the amount of |
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 Renewal Addendum to the DQ® Treat Operating Agreement is used when an existing franchisee wants to renew their franchise agreement. The addendum modifies certain terms of the original agreement to reflect the renewal.
The addendum addresses several key aspects of the renewal process. It clarifies the franchisee's obligations regarding modernization requirements, ensuring that any outstanding modernization requirements from the expired agreement are completed by a specified date. The addendum also confirms the franchisee's compliance with training requirements, potentially waiving further training obligations under certain sections of the agreement.
Furthermore, the Renewal Addendum modifies the term of the agreement, linking it to the remaining term of the franchisee's lease. It also addresses the potential need to update the EPOS system if the franchisee is using an unapproved system. Finally, it states that the franchisee must pay the renewal fee specified in the expired agreement, and it removes the section regarding the initial franchise fee. Item 19 of the franchise disclosure document has information relating to franchised DQ® Treat stores that were.