How does Aw provide notice of revocation of a waiver to the franchisee?
Aw Franchise · 2025 FDDAnswer from 2025 FDD Document
- 19.3 Waiver of Obligations. Either you or the Company may, by written instrument, unilaterally waive or reduce any obligation of or restriction upon the other under this Agreement, effective upon delivery of written notice thereof to the other or such other effective date stated in the notice of waiver. Any waiver granted by us will be without prejudice to any other rights we may have, will be subject to our continuing review, and may be revoked, in our sole discretion, at any time and for any reason, effective upon delivery to you of ten (10) days prior written notice.
Source: Item 22 — CONTRACTS (FDD pages 39–40)
What This Means (2025 FDD)
According to Aw's 2025 Franchise Disclosure Document, Aw can revoke a waiver that it previously granted to a franchisee. To do so, Aw must deliver written notice to the franchisee. This notice must be provided at least ten days before the revocation becomes effective.
This means that Aw retains the right to change its mind regarding any previous allowances it has made to the franchisee. The franchisee needs to be aware that any waiver is subject to Aw's continuing review and can be revoked at any time, for any reason, at Aw's sole discretion.
For a prospective Aw franchisee, this highlights the importance of carefully considering any waivers granted by Aw. While a waiver might offer short-term relief or flexibility, it is not a permanent alteration of the franchise agreement. The franchisee must be prepared to revert to the original terms of the agreement with just ten days' notice, which could impact their business operations and financial planning.