Can the Belocal agreement be modified or amended without a written agreement executed by all parties?
Belocal Franchise · 2025 FDDAnswer from 2025 FDD Document
This Agreement contains the entire agreement of the parties regarding the subject matter hereof.
This Agreement may be modified or amended only by a duly-authorized writing executed by all parties.
Source: Item 22 — CONTRACTS (FDD page 71)
What This Means (2025 FDD)
According to Belocal's 2025 Franchise Disclosure Document, the franchise agreement contains the entire agreement between the parties involved. Therefore, it can only be modified or amended through a written agreement that has been duly authorized and executed by all parties involved. This clause ensures that all changes to the agreement are documented and agreed upon by everyone, preventing misunderstandings or disputes based on verbal agreements or assumptions.
This requirement for written modifications is a standard practice in franchising. It protects both Belocal and the franchisee by providing a clear record of any changes to the original agreement. This is particularly important as the franchise relationship can last for many years, and memories of verbal agreements can fade or be disputed over time.
Prospective Belocal franchisees should understand that any promises or representations made by Belocal representatives that are not included in the written franchise agreement or a written amendment to it are not binding. It is crucial to ensure that all important terms and conditions are documented in writing to avoid future disagreements. This also means that any changes requested by the franchisee must also be documented and agreed upon in writing by Belocal to be valid.