In the context of the addendum, what is the designated term used to refer to the Jersey Mikes franchisee?

RECITALS

WHEREAS, Franchisor and Franchisee have entered into that certain Franchise Agreement dated on the same date as this Addendum (the "Franchise Agreement"), pursuant to which Franchisor granted Franchisee the right to own and operate a JERSEY MIKE'S Franchised Restaurant ("Restaurant");

WHEREAS, Franchisor has agreed to re duce the initial franchise fee in consi deration for Franchisee's agreement to open the Restaurant by December 31, 2025; and

WHEREAS, the parties agree to certain modifications of the Franchise Agreement to reflect their participation in the Experienced Franchisee program as set forth below.

AGREEMENT

FOR AND IN CONSIDERATION of the mutual covenants and promises contained herein and such other and valuable consideration, the sufficiency and receipt of which is he reby acknowledged, the parties agree as follows:

• 1. Recitals. Franchisor and Franchisee agree that the recitals to this Addendum are true and correct and are incorporated herein and made a part hereof by this reference.
• 1. Termination. The following is added as Section 17.2(r) of the Franchise Agreement:
  • r. Fails to open the Franchised Restaurant on or before December 31, 2026 in accordance with the Franchisor's System Standards.
• 1. Real Estate and Construction Fee. If Franchisee opens the Franchised Restaurant on or before December 31, 2026 in accordance with the Franchisor's System Standards, Franchisor will waive the Real Estate and Construction Fee.

Source: Item 22 — CONTRACTS (FDD page 77)