When is the Addendum to the Hardees Restaurant Development Agreement entered into relative to the execution of the Development Agreement itself?
Hardees Franchise · 2025 FDDAnswer from 2025 FDD Document
| This | Addendum | to | the | Hardee's | Restaurant | Development | Agreement | dated | |
|---|---|---|---|---|---|---|---|---|---|
| between | Hardee's | Restaurants | LLC | ("HR") | and | ||||
| ("Developer") is entered into simultaneously | |||||||||
| with the execution of the Development Agreement. |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 71–84)
What This Means (2025 FDD)
According to Hardees's 2025 Franchise Disclosure Document, the Addendum to the Hardees Restaurant Development Agreement is entered into simultaneously with the execution of the Development Agreement. This means that both documents are signed and become effective at the same time.
For a prospective Hardees franchisee, this simultaneous execution ensures that all terms and conditions, including any modifications or additions outlined in the addendum, are agreed upon and legally binding from the outset of the Development Agreement. This eliminates any ambiguity or potential disputes regarding the applicability of the addendum.
It is common practice in franchising to use addenda to modify or supplement standard franchise agreements to address specific legal requirements or business conditions in certain states or territories. The simultaneous execution of the addendum and the Development Agreement ensures that these modifications are an integral part of the overall agreement from the beginning.