Is the Travel Center Development Incentive Program Addendum to the Hardee's Restaurant Franchise Agreement entered into at the same time as the Franchise Agreement?
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 |
|---|
| ("Franchisee") is entered into simultaneously with the |
| Franchise Agreement. |
| RECITALS |
| A. |
| In order to stimulate the development of new franchised Hardee's Restaurants and the |
| continued expansion of the System at eligible travel center and gas and convenience locations, HR has |
| established the 2025 HR Travel Center Development Incentive Program (the "Travel Center Program"). |
| B. |
| To be eligible for the Travel Center Program, the following requirements must be satisfied: |
| (i) the Hardee's Restaurant must be located at a travel center location or gas and convenience location that |
| is within ½ mile of an interstate or limited access highway and must include a combination of high rise |
| pylon sign, billboard or other highway sign, (ii) the travel center location or gas and convenience location |
| must be opened pursuant to a Development Agreement dated no later than May 24, 2026, (iii) Franchisee |
| must open the Franchise Restaurants from a travel center location or gas and convenience location by the |
| date(s) outlined in the corresponding Development Agreement, (iv) Franchisee may not be in default of its |
| obligations under its existing franchise agreements or related agreements with HR or its affiliates, (v) |
| Franchisee must be approved for growth by HR and its affiliates, (vi) Franchisee must satisfy HR's then |
| current financial and operational requirements for new restaurant development, and (vii) Franchisee and |
| the Hardee's Restaurant(s) otherwise meet the requirements of the Travel Center Program. |
| C. |
| Franchisee and HR are parties to a Development Agreement dated as of, |
| ,. |
| D. |
| Franchisee and the Franchised Restaurant are eligible to participate in the Travel Center |
| Program. |
| E. |
| The Franchised Restaurant opened pursuant to this Franchise Agreement qualifies as a |
| "Conversion Restaurant" as determined by HR. |
| F. |
| Consequently, HR and Franchisee are entering into this Addendum to modify the Franchise |
| Agreement to reflect the Franchisee's participation in the Program incentives. |
| AGREEMENT |
| NOW, THEREFORE, in consideration of the mutual covenants, agreements and obligations set |
| forth below, the parties, intending to be l |
Source: Item 22 — Contracts (FDD page 85)
What This Means (2025 FDD)
According to Hardee's 2025 Franchise Disclosure Document, the Travel Center Development Incentive Program Addendum to the Hardee's Restaurant Franchise Agreement can be entered into simultaneously with the Franchise Agreement.
Specifically, the addendum modifies the existing Franchise Agreement to reflect the franchisee's participation in the Travel Center Program incentives. This program aims to encourage the development of new Hardee's restaurants at eligible travel centers, gas, and convenience locations.
For a franchisee, this means that if they meet the requirements of the Travel Center Program, they will sign an addendum at the same time as the franchise agreement to participate in the incentive program. This addendum modifies the original franchise agreement to account for the franchisee's participation in the incentive program.