What is the effective date of the amendment to the Amorino franchise agreement?
Amorino Franchise · 2025 FDDAnswer from 2025 FDD Document
- (5) no later than 30 days prior to the expiration of the current term, (a) pay a renewal fee equal to twenty five percent (25%) of our then current initial franchise fee for each five years of renewal, at the same time that you (b) sign an amendment to this Agreement to reflect any new terms of our then-current form of franchise agreement, or at our option, sign the then-current form of franchise agreement or an agreement stipulating renewal of this Agreement;
Source: Item 22 — CONTRACTS (FDD pages 80–81)
What This Means (2025 FDD)
According to the 2025 Amorino FDD, the franchise agreement can be amended under certain conditions, particularly during the renewal of the franchise term. Specifically, if a franchisee chooses to renew their franchise rights for an additional term, they may be required to sign an amendment to the existing agreement.
The effective date of any such amendment would be determined by the terms outlined in the renewal process. The franchisee must sign the amendment no later than 30 days prior to the expiration of the current term. This amendment would reflect any new terms in Amorino's then-current form of franchise agreement. Alternatively, Amorino has the option to require the franchisee to sign the then-current form of the entire franchise agreement or an agreement stipulating renewal of the existing agreement.
Therefore, while the FDD does not explicitly state a specific "effective date" for amendments outside of the renewal context, it is clear that amendments are contemplated as part of the renewal process. A prospective franchisee should seek clarification from Amorino regarding the specific circumstances under which amendments may be required and how the effective dates of such amendments are determined.