Can the Apricot Lane Franchise Agreement be modified?
Apricot_Lane Franchise · 2025 FDDAnswer from 2025 FDD Document
| PROVISION | SECTION IN FRANCHISE AGREEMENT | SUMMARY | |
|---|---|---|---|
| r. | Non-competition covenants after the franchise is terminated or expires | Section 17.B in Franchise Agreement | For 2 years after expiration or termination for any reason, you may not own or be involved in competing business within your former Territory or within 10 miles of any other Store. (Subject to state law.) |
| s. | Modification of the | Sections 23.E in | Franchise Agreement may not be amended |
| agreement | Franchise Agreement | except in writing and agreed to by both parties. |
Source: Item 17 — RENEWAL, TERMINATION, TRANSFER AND DISPUTE RESOLUTION (FDD pages 35–39)
What This Means (2025 FDD)
According to the 2025 Apricot Lane Franchise Disclosure Document, the Franchise Agreement can be modified. The FDD states that the Apricot Lane Franchise Agreement may be amended, but only if the amendment is in writing and agreed to by both Apricot Lane and the franchisee.
This means that any changes to the original agreement must be formally documented and signed by both parties to be legally binding. This requirement protects both Apricot Lane and the franchisee by ensuring that all modifications are clear, understood, and mutually accepted.
This type of clause is standard in franchise agreements to provide clarity and prevent disputes over verbal agreements or understandings that are not documented. Prospective Apricot Lane franchisees should carefully review the Franchise Agreement and any proposed modifications with legal counsel to fully understand their rights and obligations.