What is the significance of the 'Effective Date' in the Mr. Sandless Internet Advertising, Social Media, Software and Telephone Listing Agreement?
Mr_Sandless Franchise · 2025 FDDAnswer from 2025 FDD Document
| THIS INTERNET ADVERTISING, SOCIAL MEDIA, SOFTWARE AND TELEPHONE | ||
|---|---|---|
| company with an address at 2970 Concord Rd, Aston, PA 19014 (the "Franchisor"), and | ACCOUNT AGREEMENT (the "Agreement") is made and entered into this day of (the "Effective Date"), by and between Mr. Sandless Franchise LLC, a Pennsylvania limited liability |
Source: Item 22 — CONTRACTS (FDD page 42)
What This Means (2025 FDD)
According to the 2025 Mr. Sandless Franchise Disclosure Document, the 'Effective Date' in the Internet Advertising, Social Media, Software and Telephone Listing Agreement marks the day the agreement comes into force. This date is essential because it signifies when the franchisee is officially bound by the terms and conditions outlined in the agreement, which governs their online advertising activities, social media presence, software usage, and telephone listings related to the Mr. Sandless brand.
The agreement specifies that the franchisee may acquire rights and interests in domain names, social media accounts, software accounts, and telephone numbers related to the Mr. Sandless business during the term of the Franchise Agreement. The 'Effective Date' sets the starting point for when these activities and obligations are legally in effect.
Upon termination of the Franchise Agreement, the franchisee is obligated to transfer all rights and interests in these online assets and telephone listings back to Mr. Sandless. Therefore, the 'Effective Date' is crucial for determining the duration of the franchisee's rights and responsibilities concerning internet advertising and telephone listings under the Mr. Sandless brand.