How can the 'Agreement' related to All Team be amended, modified, or supplemented?
All_Team Franchise · 2025 FDDAnswer from 2025 FDD Document
No amendment to this Agreement is binding unless executed in writing by both parties.
Source: Item 22 — CONTRACTS (FDD pages 33–34)
What This Means (2025 FDD)
According to All Team's 2025 Franchise Disclosure Document, the franchise agreement can only be amended if both parties agree to the changes in writing. This means that any modifications, additions, or deletions to the original agreement must be formally documented and signed by both All Team and the franchisee to be considered valid and binding. This requirement ensures that all changes are mutually understood and agreed upon, preventing potential disputes or misunderstandings later on.
This clause protects both All Team and the franchisee by ensuring that neither party can unilaterally alter the terms of the agreement. It provides a clear and structured process for making changes, which promotes transparency and accountability. For a prospective franchisee, this means that any promises or representations made by All Team that are not included in the written agreement are not legally binding unless they are formally incorporated through a written amendment signed by both parties.
It is common practice in franchising to require written amendments for any changes to the franchise agreement. This helps to maintain the integrity of the contract and provides a clear record of all agreed-upon terms. Franchisees should carefully review the franchise agreement and any proposed amendments with legal counsel to ensure they fully understand their rights and obligations.