Does the Fat Shack Franchise Agreement have an addendum as an exhibit?
Fat_Shack Franchise · 2025 FDDAnswer from 2025 FDD Document
EXHIBITS
- I. Addendum to Franchise Agreement
- II. Restaurant Location Supplement to Franchise Agreement
- III. Authorization Agreement for Prearranged Payments
- IV. Statement of Ownership
- V. Guaranty and Assumption of Franchisee's Obligations
- VI. Riders to the Franchise Agreement for Specific States and Provinces
Source: Item 23 — Receipts (FDD pages 53–223)
What This Means (2025 FDD)
According to the 2025 Fat Shack Franchise Disclosure Document, the Franchise Agreement includes an addendum as an exhibit. Item 23 lists the exhibits to the Franchise Agreement, and Exhibit I is specifically identified as the "Addendum to Franchise Agreement." This addendum modifies the terms of the Franchise Agreement, and in the event of any conflict between the agreement and the addendum, the terms of the addendum will take precedence.
Furthermore, the Franchise Agreement states that the franchisee is granted the right to operate a Fat Shack Restaurant at the location set forth in the Addendum attached as Exhibit I. If a specific address hasn't been chosen when the agreement is signed, the franchisee will select a location within a target area outlined in the Addendum, subject to Fat Shack's approval. If only a target area is listed in the Addendum, a Restaurant Location Supplement to the Franchise Agreement (Exhibit II) will be executed upon Fat Shack's approval of the location.
In summary, the Addendum to the Franchise Agreement serves to modify the original agreement and may contain key details such as the restaurant location or target area. Prospective franchisees should carefully review the Addendum, as its terms will supersede those of the main agreement in case of any discrepancies.