How can the All Team General Release be changed?
All_Team Franchise · 2025 FDDAnswer from 2025 FDD Document
This General Release may not be changed except in a writing signed by the person(s) against whose interest such change shall operate.
Source: Item 22 — CONTRACTS (FDD pages 33–34)
What This Means (2025 FDD)
According to All Team's 2025 Franchise Disclosure Document, the General Release may only be changed through a written agreement. This written agreement must be signed by the party against whose interest the change would operate. This means that any modifications to the General Release must be formally documented and agreed upon in writing by the relevant parties to be legally binding.
This requirement ensures that any changes to the General Release are made deliberately and with the explicit consent of the party who would be affected by the change. It protects franchisees and All Team from potential misunderstandings or disputes arising from undocumented or unapproved modifications. It also provides a clear record of any agreed-upon changes, which can be essential for resolving conflicts or interpreting the terms of the General Release in the future.
For a prospective All Team franchisee, this clause highlights the importance of carefully reviewing and understanding the General Release before signing it. If any changes are needed, they must be documented in writing and signed by the appropriate parties. This provision is fairly standard in franchise agreements, as it ensures clarity and legal enforceability of contract modifications.