What is the 'Agreement' referenced in the Fat Shack Successor Franchise Rider?

According to Fat Shack's 2025 Franchise Disclosure Document, the 'Agreement' referenced in the Successor Franchise Rider is the franchise agreement between Fat Shack Inc. and the franchisee. This agreement outlines the terms and conditions under which Fat Shack grants the franchisee the right to operate a Fat Shack restaurant.

The initial term of the Fat Shack Franchise Agreement is seven years, during which the franchisee is expected to operate the restaurant. The franchisee has the option to obtain a successor franchise for three additional terms of five years each, provided they are not in default of the original agreement at the time of exercising this option. To exercise this option, the franchisee must provide written notice to Fat Shack not more than one year nor less than 180 days prior to the agreement's expiration.

The Successor Franchise Rider itself is an attachment to the main Franchise Agreement. It appears that riders to the franchise agreement for specific states and provinces may be incorporated into the agreement, and if there are conflicting terms, the rider's terms will supersede those of the main agreement. Therefore, prospective franchisees should carefully review both the Franchise Agreement and any applicable riders to fully understand their rights and obligations.