What is the full name of the entity referred to as "HR" in the Hardees Development Incentive Program Addendum?
Hardees Franchise · 2025 FDDAnswer from 2025 FDD Document
| THIS ADDENDUM to the Hardee's Restaurant Franchise Agreement dated as of, ("Franchise Agreement") between Hardee's Restaurants LLC ("HR") and |
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| ("Franchisee") is entered into simultaneously with the |
Source: Item 22 — Contracts (FDD page 85)
What This Means (2025 FDD)
According to Hardees's 2025 Franchise Disclosure Document, specifically within the context of the Development Incentive Program Addendum to the Hardee's Restaurant Franchise Agreement, "HR" refers to Hardee's Restaurants LLC. This is clarified in the franchise agreement, which establishes the relationship between Hardee's Restaurants LLC and the franchisee.
This definition is important for prospective franchisees as it clearly identifies the legal entity they are contracting with when entering into a franchise agreement with Hardees and participating in the Development Incentive Program. Knowing the full legal name ensures that all legal documents and obligations are correctly attributed to the appropriate party.
The agreement outlines the roles, responsibilities, and incentives provided by Hardee's Restaurants LLC to the franchisee under the Development Incentive Program. This program aims to encourage the development of new franchised Hardee's restaurants, particularly at eligible travel center and gas and convenience locations. The incentive program includes benefits such as reduced royalty fees during the initial years of operation.