How can the All Team franchise agreement be amended?
All_Team Franchise · 2025 FDDAnswer from 2025 FDD Document
No amendment to this Agreement is binding unless executed in writing by both parties.
If a state regulator requires an amendment to this Agreement, the amendment is attached hereto in a State Law Addendum as Exhibit II.
If any valid applicable law or regulation [in effect at the time this Agreement is executed] of a governmental authority having jurisdiction over this Agreement limits ATFC's rights, including but not limited to the rights of rescission or termination or require longer notice periods than set forth herein, this Agreement shall be deemed amended to conform to the minimum notice periods or restrictions upon rescission or termination required by such laws or regulations.
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 All Team and the franchisee execute a written amendment. This means that any changes to the original agreement must be formally documented and signed by both parties to be considered valid and binding.
This requirement protects both All Team and the franchisee by ensuring that all modifications are agreed upon and clearly recorded, preventing potential misunderstandings or disputes later on. It also ensures that any verbal agreements or promises made outside of the written contract are not enforceable, reinforcing the importance of documenting all agreed-upon terms in writing.
Additionally, if a state regulator requires an amendment to the Franchise Agreement, the amendment is attached to the agreement as a State Law Addendum. Also, if any valid applicable law or regulation limits All Team's rights, the agreement shall be deemed amended to conform to the minimum notice periods or restrictions required by such laws or regulations.