What action is required by both parties to finalize the Mr. Sandless addendum?
Mr_Sandless Franchise · 2025 FDDAnswer from 2025 FDD Document
| THE | PARTIES | HERETO | have | duly | executed, | sealed | and | delivered | this | Addendum | dated |
|---|---|---|---|---|---|---|---|---|---|---|---|
| MR. SANDLESS FRANCHISE LLC | |||||||||||
| By: | |||||||||||
| Name: | |||||||||||
| Title: | |||||||||||
| FRANCHISEE: | |||||||||||
Source: Item 17 — RENEWAL, TERMINATION, TRANSFER AND DISPUTE RESOLUTION (FDD pages 30–34)
What This Means (2025 FDD)
According to Mr. Sandless's 2025 Franchise Disclosure Document, to finalize any addendum to the franchise agreement, both the franchisor and the franchisee must execute, seal, and deliver the addendum. This indicates that a written agreement, properly signed and delivered by both parties, is required to make the addendum legally binding.
This requirement ensures that both Mr. Sandless and the franchisee are in complete agreement regarding any changes or additions to the original franchise agreement. The act of executing, sealing, and delivering the addendum serves as formal acknowledgment and acceptance of the addendum's terms.
This is a standard practice in franchising, as it protects both parties by ensuring that all modifications to the franchise agreement are documented and mutually agreed upon. Prospective Mr. Sandless franchisees should carefully review any addenda and seek legal counsel to fully understand their implications before signing.