If an Amorino franchisee wants to assign their agreement, what must they provide to Amorino in writing?
Amorino Franchise · 2025 FDDAnswer from 2025 FDD Document
(a) You must deliver to us a written notice clearly and unambiguously setting forth all of the terms and conditions of the proposed assignment and all available information concerning the proposed assignee. (b) Within thirty (30) days after our receipt of such notice (or if we shall request additional information, within thirty (30) days after receipt of such additional information), we may either consent or withhold consent to such assignment. (c) If we shall elect not to exercise our right of first refusal and shall consent to such assignment, you shall be free to assign the area development agreement to such proposed assignee on the terms and conditions specified in said notice.
Source: Item 17 — RENEWAL, TERMINATION, TRANSFER, AND DISPUTE RESOLUTION (FDD pages 55–67)
What This Means (2025 FDD)
According to Amorino's 2025 Franchise Disclosure Document, if a franchisee wishes to assign their area development agreement, they must provide Amorino with a written notice. This notice must clearly and unambiguously state all the terms and conditions of the proposed assignment, as well as all available information concerning the proposed assignee.
Amorino has the right of first refusal, meaning they have the option to either consent to or withhold consent from the assignment. Amorino has thirty days after receiving the franchisee's notice (or thirty days after receiving any additional information requested by Amorino) to make their decision.
If Amorino chooses not to exercise their right of first refusal and consents to the assignment, the franchisee is then permitted to assign the area development agreement to the proposed assignee. However, this assignment must adhere strictly to the terms and conditions that were initially specified in the written notice provided to Amorino.