What is the 'Effective Date' of the IT SERVICES AND SUPPORT AGREEMENT for Hawaiian Bros Island Grill?
Hawaiian_Bros_Island_Grill Franchise · 2025 FDDAnswer from 2025 FDD Document
Effective Date means the date Company signs this Agreement, as indicated in its signature block.
Source: Item 23 — RECEIPTS (FDD pages 77–262)
What This Means (2025 FDD)
According to the 2025 Franchise Disclosure Document, the 'Effective Date' of the IT SERVICES AND SUPPORT AGREEMENT for Hawaiian Bros Island Grill is the date that Hawaiian Bros Franchising, LLC signs the agreement, as indicated in its signature block. The agreement is made between Hawaiian Bros Franchising, LLC and the Developer, which includes its subsidiaries or affiliates owning one or more Hawaiian Bros Restaurants.
The IT SERVICES AND SUPPORT AGREEMENT is entered into by both Hawaiian Bros and the Developer, concerning the rights to develop additional Hawaiian Bros Restaurants in specific development areas. The agreement's term begins on the Effective Date and lasts for one year, unless terminated earlier as specified in the agreement.
It's important to note that Hawaiian Bros has the discretion to introduce a new fee-based IT service agreement during the term of the initial agreement. If this occurs, the initial agreement will terminate with a ten-day written notice to the Developer, and the Developer will be required to participate in the new IT service offering at their Franchised Restaurants, adhering to the new agreement's terms and fees.