When is the addendum to the Preliminary Agreement executed in relation to the Preliminary Agreement for a Hardees franchise?
Hardees Franchise · 2025 FDDAnswer from 2025 FDD Document
| This Addendum to the Preliminary Agreement dated between | |
|---|---|
| Hardee's Restaurants LLC ("HR") | |
| and | |
| ("Applicant") is entered into simultaneously with the execution of the Preliminary Agreement. | |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 71–84)
What This Means (2025 FDD)
According to the 2025 Hardees Franchise Disclosure Document, the addendum to the Preliminary Agreement is executed simultaneously with the Preliminary Agreement. This means that both documents are signed at the same time.
This simultaneous execution ensures that all parties are aware of and agree to the terms and conditions outlined in both the Preliminary Agreement and its addendum from the outset. For a prospective Hardees franchisee, this means that any state-specific modifications or clarifications to the Preliminary Agreement are effective immediately upon signing the initial agreement.
In the case of Illinois franchisees, for example, the addendum addresses specific provisions of the Illinois Franchise Disclosure Act, such as those related to jurisdiction, venue, and statutes of limitations. By signing the addendum at the same time as the Preliminary Agreement, the franchisee acknowledges these Illinois-specific legal considerations from the beginning of their relationship with Hardees.
This practice is fairly standard in franchising, particularly when dealing with state-specific regulations that may require modifications to standard franchise agreements. Executing the addendum simultaneously ensures compliance and transparency.