Is the Development Incentive Program Addendum to the Hardee's Restaurant Franchise Agreement for Hardees entered into before, after, or simultaneously with the Franchise Agreement?

According to Hardees's 2025 Franchise Disclosure Document, the Development Incentive Program Addendum to the Hardee's Restaurant Franchise Agreement is entered into simultaneously with the Franchise Agreement.

This means that the addendum, which modifies the Franchise Agreement to reflect the franchisee's participation in the incentive program, is signed at the same time as the initial Franchise Agreement. This ensures that both Hardees and the franchisee are in agreement regarding the terms of the franchise and the specific incentives being offered right from the start.

For a prospective Hardees franchisee, this simultaneous execution simplifies the process, as all terms, including any incentives, are agreed upon upfront. It is important for the franchisee to carefully review both the Franchise Agreement and the Development Incentive Program Addendum to fully understand their rights and obligations. The addendum modifies the original agreement, so understanding both documents is crucial.