What is the effective date referenced in the Face Foundrie Area Development Agreement addendum?

According to Face Foundrie's 2025 Franchise Disclosure Document, the addendum to the Area Development Agreement becomes effective as of the Area Development Agreement's effective date. This means that the terms and conditions outlined in the addendum are applied starting from the same date that the original Area Development Agreement came into force.

This clause ensures that the addendum and the original agreement are synchronized in their commencement, avoiding any potential conflicts or ambiguities regarding when the additional terms specified in the addendum take effect. The addendum modifies or supplements the original agreement, and its effectiveness is tied directly to the original agreement's start date.

For a prospective Face Foundrie area developer, this means that all obligations and rights detailed in both the Area Development Agreement and its addendum are active from the same date. This includes development schedules, protected territories, and any specific state addenda that might apply. It is important for the area developer to understand this effective date, as it marks the beginning of their contractual obligations and the start of their development timeline with Face Foundrie.