In the context of the Hardees franchise agreement addendum, when is the addendum entered into relative to the Franchise Agreement?

According to Hardees's 2025 Franchise Disclosure Document, the addendum to the Hardee's Restaurant Franchise Agreement is entered into simultaneously with the Franchise Agreement. This means that the addendum, which modifies the original agreement, becomes effective at the same time as the initial Franchise Agreement.

For a prospective Hardees franchisee, this simultaneous execution is important because the terms of the addendum, such as those related to the 2025 HR Travel Center Development Incentive Program or the Conversion Restaurant Program, are immediately integrated into the franchise relationship. The franchisee should carefully review both the Franchise Agreement and any addenda to understand their rights and obligations from the outset.

This simultaneous agreement ensures that any modifications or special conditions are part of the initial understanding between Hardees and the franchisee, promoting clarity and potentially influencing the franchisee's decision to invest in the franchise. It is a common practice to use addenda to franchise agreements to address specific circumstances or incentives, and the simultaneous execution ensures that these are effective from the beginning of the franchise term.