factual

What certification is required in the case of permanent incapacity for a transfer of Hardees Developer ownership interest?

Hardees Franchise · 2025 FDD

Answer from 2025 FDD Document

  • G. In the event of the death or permanent incapacity of any person with an ownership interest in Developer, HR shall not unreasonably withhold its consent to a transfer to any person, persons, partnership or corporation designated by his legal representative, provided, however, that:

  • (1) The requirements of Section 10.B. and 10.C. shall have been met.

  • (2) The proposed transfer is applied for in writing within 2 months of the date of death or permanent incapacity by the legal representative of such individual, and is effected within 6 months thereafter.

  • (3) In the case of permanent incapacity, the legal representative shall have furnished a certification of a physician designated by HR that Developer has been or will be unable to develop or operate any System Restaurants for a period of 6 months or longer.

Source: Item 23 — Receipts (FDD pages 85–541)

What This Means (2025 FDD)

According to Hardees's 2025 Franchise Disclosure Document, in the event of permanent incapacity of a person with ownership interest in the Hardees Developer entity, a transfer of ownership interest can occur with certain provisions. The legal representative of the individual must apply for the transfer in writing within 2 months of the date of permanent incapacity and effect the transfer within 6 months thereafter.

To complete the transfer of ownership due to permanent incapacity, the legal representative must furnish a certification from a physician designated by Hardees. This certification must confirm that the Developer has been or will be unable to develop or operate any System Restaurants for a period of 6 months or longer.

This requirement ensures that Hardees has a degree of assurance that the individual is genuinely incapacitated and unable to fulfill their obligations, protecting the brand and the network of franchisees. It also allows for a structured and timely transfer process, minimizing potential disruption to the Hardees business operations.

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.