Under the Anago Subfranchise Rights Agreement, what constitutes the 'Agreement'?
Anago Franchise · 2025 FDDAnswer from 2025 FDD Document
- "Agreement" means this Anago Subfranchise Rights Agreement, as amended, supplemented or otherwise modified by an agreement in writing signed by Subfranchisor and Franchisor under Section 16.2.
Source: Item 23 — RECEIPTS (FDD pages 62–298)
What This Means (2025 FDD)
According to Anago's 2025 Franchise Disclosure Document, the term "Agreement" refers to the Anago Subfranchise Rights Agreement itself. This agreement can be amended, supplemented, or otherwise modified. Any changes must be documented in writing and signed by both the subfranchisor and Anago to be considered valid.
This definition is important for prospective subfranchisees because it clarifies that the initial agreement is not necessarily the final word. The terms can evolve over time, but only through formal written modifications agreed upon by both parties. This protects both Anago and the subfranchisee by ensuring that any changes are clearly documented and mutually accepted.
Understanding this definition is crucial for interpreting other clauses within the franchise agreement. For example, if a section refers to the "Agreement," it encompasses not only the original document but also any subsequent amendments or supplements. Subfranchisees should keep careful records of any such modifications to ensure they are fully aware of their rights and obligations under the Anago Subfranchise Rights Agreement.