What happens to the original terms of the 360 Painting Franchise Agreement that are not addressed in the amendment?
360_Painting Franchise · 2025 FDDAnswer from 2025 FDD Document
Except as otherwise provided in this Amendment, all the other terms, covenants and agreements in the Franchise Agreement shall remain the same, and the Franchise Agreement, as amended, shall continue in full force and effect.
Source: Item 17 — RENEWAL, TERMINATION, TRANSFER, AND DISPUTE RESOLUTION (FDD pages 42–46)
What This Means (2025 FDD)
According to the 2025 FDD, the 360 Painting Franchise Agreement has provisions that address what happens to the original terms that are not addressed in the amendment. Except when the amendment specifies otherwise, all original terms, covenants, and agreements in the Franchise Agreement will remain the same. The Franchise Agreement, as amended, will continue to be in full force and effect.
In essence, this clause ensures that the original Franchise Agreement remains intact except for the specific changes outlined in the amendment. This is a standard legal practice to maintain the consistency and enforceability of the overall agreement. Franchisees should carefully review both the original agreement and any amendments to fully understand their rights and obligations.
This provision is included in amendments for franchisees in Virginia, Indiana, Maryland and New York. This ensures that the original agreement remains valid and enforceable, except for the specific changes outlined in the amendment. Franchisees should carefully review both the original agreement and any amendments to fully understand their rights and obligations.