Under the Bambu Franchise Agreement, in what form must a franchisee obtain approval or consent from Bambu?

According to Bambu's 2025 Franchise Disclosure Document, any time the Franchise Agreement requires a franchisee to obtain approval or consent from Bambu, the franchisee must make a timely written request to Bambu. Furthermore, the approval or consent from Bambu must be obtained in writing to be considered valid under the agreement. This stipulation is in place to ensure clarity and documentation of all agreements and approvals between the franchisee and Bambu.

This requirement has significant implications for prospective franchisees. It means that verbal agreements or understandings are not sufficient. Franchisees must ensure that they document all requests for approval in writing and receive written confirmation from Bambu. Failure to do so could result in the franchisee taking actions that are later deemed non-compliant with the Franchise Agreement, potentially leading to disputes or penalties.

This type of clause is relatively standard in franchise agreements. It protects both the franchisor and franchisee by providing a clear record of communications and approvals. It is essential for franchisees to maintain meticulous records of all correspondence with Bambu to ensure compliance and protect their investment. This requirement underscores the importance of clear and documented communication in the franchise relationship.