Under what conditions 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 Apricot Lane's 2025 Franchise Disclosure Document, the Franchise Agreement can only be modified under specific conditions. The FDD states that the Apricot Lane Franchise Agreement may not be amended except in writing and with the agreement of both Apricot Lane and the franchisee.
This requirement for written consent from both parties ensures that any changes to the original agreement are mutually agreed upon and documented, protecting the interests of both the franchisor and the franchisee. This is a fairly standard clause in franchise agreements, as it provides clarity and legal certainty regarding the terms of the franchise relationship.
Prospective Apricot Lane franchisees should carefully review the initial Franchise Agreement and understand that any modifications must be formally documented and agreed upon in writing. This protects the franchisee from any potential misunderstandings or unilateral changes to the agreement by Apricot Lane.