If a Bambu franchisee requests a modification to the Franchise Agreement after signing, what must they provide to Bambu?
Bambu Franchise · 2025 FDDAnswer from 2025 FDD Document
Unless prohibited by law or waived by Bambu, Franchisee must provide a general release of any and all claims against Bambu if Franchisee requests and Bambu consents to modify any provisions of this Agreement after it has been signed.
Source: Item 23 — Receipts (FDD pages 52–209)
What This Means (2025 FDD)
According to Bambu's 2025 Franchise Disclosure Document, if a franchisee requests a modification to the Franchise Agreement after it has been signed, they must provide a general release of any and all claims against Bambu. This requirement can be waived by Bambu or prohibited by law.
This means that if a Bambu franchisee wants to change any part of their agreement after signing it, they generally have to sign a document releasing Bambu from any potential legal claims they might have. This protects Bambu from future lawsuits related to the original agreement.
This requirement is fairly common in franchising, as franchisors want to avoid future disputes arising from modifications to the original contract. However, the FDD also notes that this requirement can be waived by Bambu, giving them some flexibility in specific situations. Franchisees should carefully consider the implications before requesting a modification, as they will likely be giving up certain legal rights.