Who must execute a written modification, consent, approval, authorization, or waiver to be effective for Alloy?

According to the 2025 Alloy FDD, any modification, consent, approval, authorization, or waiver must be in writing to be effective. If the document is intended for Alloy, it must be executed by Alloy's President or one of its authorized Vice Presidents. If the document is intended for the franchisee, it must be executed by the Owner. This requirement ensures that all legally binding agreements or changes are documented and officially sanctioned by authorized representatives of both parties.

This provision protects both Alloy and its franchisees by ensuring clarity and accountability in all contractual matters. By requiring written documentation and specific authorization, it reduces the risk of misunderstandings or disputes arising from verbal agreements or actions taken by unauthorized personnel. This is a common practice in franchising to maintain consistency and control within the franchise system.

For a prospective Alloy franchisee, this means that any agreement, change, or waiver must be formally documented and signed by the appropriate Alloy representative (President or authorized Vice President) to be considered valid. Similarly, any such document intended for Alloy must be signed by the franchisee (Owner). Franchisees should be diligent in ensuring that all agreements are properly executed to avoid potential legal or contractual issues.