What section of the Preamble is being deleted in this Amorino Area Development Agreement Amendment?
Amorino Franchise · 2025 FDDAnswer from 2025 FDD Document
| THIS AMENDMENT TO AREA DEVELOPMENT AGREEMENT (this "Amendment") is made as of the last date set forth on the signature page to this Amendment, by and between CPUSA, LLC, a Delaware limited liability company ("Franchisor" or "we"), and], a [] ("Area Developer" or "you"). All capitalized terms not defined herein shall have the meaning set forth in the Franchise Agreement, as defined below. |
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| WHEREAS, Franchisor and Area Developer entered into that certain Area Development Agreement dated as of [] (as amended from time to time, the "Area Development Agreement"); and |
| WHEREAS, Franchisor and Area Developer hereby wish to amend the Area Development Agreement in accordance with the terms and conditions contained in this Amendment. |
| NOW THEREFORE, in consideration of the premises and the mutual covenants hereinafter set forth, the parties hereby agree to amend the Area Development Agreement as follows: |
| 1. Section E of the Preamble is deleted, and the following provision is added to this |
Source: Item 22 — CONTRACTS (FDD pages 80–81)
What This Means (2025 FDD)
According to Amorino's 2025 Franchise Disclosure Document, specifically within the Amendment to Area Development Agreement, Section E of the Preamble is being deleted. This amendment is made between CPUSA, LLC, identified as the Franchisor, and the Area Developer. The original Area Development Agreement is referenced as being dated as of a specific date, which is not provided in this excerpt, and may have been amended previously.
The purpose of this amendment is to modify the existing Area Development Agreement based on the terms and conditions outlined within the amendment itself. The deletion of Section E of the Preamble signifies a change to the introductory or foundational statements upon which the agreement is based. This could involve altering the understanding, purpose, or scope of the agreement as it was initially defined.
For a prospective Amorino Area Developer, this change means that a previously agreed-upon section of the agreement's preamble is no longer valid. It is important to understand the content of the original Section E and the reasons for its deletion, as this could impact the interpretation and enforcement of the Area Development Agreement. The amendment also indicates that a new provision is being added, which the Area Developer should carefully review to understand its implications and how it alters their rights and obligations.
Area Developers should seek clarification from Amorino regarding the specific content of the deleted Section E and the rationale behind its removal. Understanding the new provision that replaces Section E is also crucial to ensure they are fully aware of the current terms of their Area Development Agreement.