Who are the parties that must execute the Addendum to the Kitchen Solvers Franchise Agreement?
Kitchen_Solvers Franchise · 2025 FDDAnswer from 2025 FDD Document
IN WITNESS WHEREOF, the undersigned have executed this Addendum as of the date
Franchisor signs below.
Source: Item 23 — Receipts (FDD pages 49–190)
What This Means (2025 FDD)
According to the 2025 Kitchen Solvers Franchise Disclosure Document, the addendum to the Kitchen Solvers Franchise Agreement is executed by the 'undersigned'. While the document does not explicitly define 'the undersigned', the context implies that both the franchisor and franchisee are required to sign the addendum. This is a standard practice in franchising, ensuring that both parties acknowledge and agree to the terms outlined in the addendum, especially since the addendum modifies the original franchise agreement.
The addendum serves to amend the original franchise agreement, particularly to comply with specific state statutes and regulations. For instance, addenda are included for states like Minnesota, New York, Illinois, Maryland, North Dakota, South Dakota, and Virginia, addressing issues such as termination rights, litigation venues, and waivers of certain legal rights. These addenda ensure that the Kitchen Solvers franchise agreement aligns with the legal requirements of each specific state, providing franchisees with the protections mandated by those jurisdictions.
For a prospective Kitchen Solvers franchisee, understanding the implications of these addenda is crucial. The franchisee should carefully review the addendum applicable to their state to understand any modifications to the standard franchise agreement. This includes being aware of any changes to their rights regarding termination, dispute resolution, and waivers of liability. Consulting with a franchise attorney to review these documents is advisable, ensuring that the franchisee fully understands their rights and obligations under the agreement as modified by the addendum.