Who must sign a written waiver for it to be binding upon Bambu?

According to Bambu's 2025 Franchise Disclosure Document, for a waiver to be binding upon Bambu, it must be in writing and signed by an authorized representative of Bambu. This requirement ensures that any waiver of Bambu's rights or obligations under the franchise agreement is formally documented and approved by someone with the authority to make such decisions on behalf of the company.

This provision protects Bambu from informal or unintentional waivers that might be claimed based on verbal agreements or actions by employees without proper authorization. It provides a clear and verifiable record of any agreed-upon waivers, reducing the potential for misunderstandings or disputes.

For a prospective franchisee, this means that any agreement to waive a specific requirement or provision of the franchise agreement must be documented in writing and signed by an authorized representative of Bambu to be considered valid. Franchisees should ensure they receive this written confirmation before relying on any purported waiver. This is a fairly standard clause in franchise agreements, intended to protect both parties from misinterpretations or unauthorized agreements.