factual

Who must sign a written addendum to the Franchise Agreement for it to be valid for a Fat Shack franchise?

Fat_Shack Franchise · 2025 FDD

Answer from 2025 FDD Document

EXHIBIT I TO FRANCHISE AGREEMENT

ADDENDUM TO FAT SHACK FRANCHISE AGREEMENT

This is an Addendum ("Addendum") to the Franchise Agreement (the "Agreement") by and between FAT SHACK INC., hereinafter "FSI" and the undersigned franchisee, hereinafter "Franchisee." This Addendum modifies the terms of the Agreement and in the event of a conflict in terms between the Agreement and this Addendum, the terms of this Addendum shall be controlling.

| | Section 3.1 of the Agreement | nd Target Area.

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

What This Means (2025 FDD)

According to Fat Shack's 2025 Franchise Disclosure Document, the Addendum to the Franchise Agreement must be signed by Fat Shack Inc. (FSI) and the franchisee. The addendum serves to modify the terms of the original Franchise Agreement, and in case of any conflicts between the two documents, the terms outlined in the addendum will take precedence.

For a prospective Fat Shack franchisee, this means that any changes or modifications to the standard Franchise Agreement will be formalized through this addendum. It is crucial for the franchisee to carefully review and understand the addendum, as it legally binds them to the altered terms. This ensures both parties are in agreement regarding the specific conditions and obligations of the franchise.

The signature page in the FDD provides spaces for Fat Shack Inc.'s representative to sign, along with spaces for the franchisee to sign individually, and if applicable, for a corporate entity under which the franchise is held to sign as well. This comprehensive signing process ensures that all relevant parties acknowledge and agree to the terms of the Franchise Agreement and any subsequent addenda.

Exhibit I in the FDD is specifically designated for the Addendum to the Fat Shack Franchise Agreement, further emphasizing its importance as a formal and integral part of the franchising arrangement. Franchisees should pay close attention to any addenda as they may contain critical details about their specific franchise location, development schedule, or other unique aspects of their agreement with Fat Shack.

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.