Under the All Team franchise agreement, must amendments be in writing to be binding?
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, any amendments to the franchise agreement must be in writing to be considered binding. This requirement ensures that all changes to the original agreement are documented and agreed upon by both All Team and the franchisee, preventing potential misunderstandings or disputes based on verbal agreements. This is a fairly standard clause in franchise agreements.
For a prospective All Team franchisee, this means that any modifications, waivers, or additions to the original franchise agreement are only valid if they are formally written and signed by both parties. Franchisees should be diligent in ensuring that any agreed-upon changes are properly documented in writing to protect their interests and avoid future conflicts with All Team.
This provision provides clarity and legal certainty, as it eliminates reliance on oral agreements, which can be difficult to prove and enforce. It is crucial for franchisees to understand this requirement and adhere to it throughout the duration of their franchise agreement with All Team.