factual

What is the document called that supplements and amends the Fat Shack Franchise Agreement?

Fat_Shack Franchise · 2025 FDD

Answer from 2025 FDD Document

EXHIBIT II TO FRANCHISE AGREEMENT

RESTAURANT LOCATION SUPPLEMENT TO FAT SHACK FRANCHISE AGREEMENT

This is a Supplement ("Supplement") to the Franchise Agreement (the "Agreement") by and between FAT SHACK INC., hereinafter "FSI," and the undersigned franchisee, hereinafter "Franchisee." In the Addendum to the Agreement, FSI and Franchisee did not designate a specific address for Franchisee's Restaurant Location. FSI and Franchisee specified a nonexclusive Target Area and agreed that a specific address for the Restaurant Location within that Target Area would be subsequently agreed upon between FSI and Franchisee. FSI and Franchisee have now reached an agreement as to the Restaurant Location. They desire to execute this Supplement to update the Agreement by memorializing the Restaurant Location agreed upon.

Source: Item 23 — Receipts (FDD pages 53–223)

What This Means (2025 FDD)

According to the 2025 Fat Shack Franchise Disclosure Document, the Restaurant Location Supplement to Franchise Agreement is used to update the original agreement. This supplement is used when a specific restaurant location has not been chosen when the original agreement is signed, and only a target area is specified. Once a location is agreed upon, both Fat Shack and the franchisee execute this supplement to memorialize the agreed-upon restaurant location, effectively updating the original agreement with this specific detail.

The Restaurant Location Supplement is listed as Exhibit II to the Franchise Agreement. This formalizes the restaurant's address, referencing Section 3.1 of the original agreement and the addendum. All other terms of the original agreement remain in full force and effect, ensuring that only the restaurant location details are updated while the rest of the contractual obligations stay consistent.

For a prospective Fat Shack franchisee, this means that if the restaurant location is not finalized at the time of signing the initial Franchise Agreement, a separate Restaurant Location Supplement will be required later. This ensures that the franchisee and Fat Shack are in mutual agreement regarding the precise location, which is crucial for the successful operation of the franchise. The franchisee should pay close attention to the terms outlined in both the initial agreement and the supplement to fully understand their obligations and rights regarding the restaurant's location.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.