How must any waiver excusing an obligation imposed by the addendum be documented for a Bhc franchise?

According to Bhc's 2025 Franchise Disclosure Document, any waiver that excuses or reduces an obligation imposed by the addendum must be documented in a specific manner. The waiver must be in writing. Additionally, the waiver must be executed (signed) by the party responsible for granting the waiver. The waiver is only effective to the extent explicitly allowed within the written document itself.

This requirement ensures that any modifications to the obligations outlined in the addendum are clearly documented and agreed upon by the relevant parties. This protects both Bhc and the franchisee by preventing misunderstandings or disputes over alleged verbal agreements or implied waivers. The written requirement provides a clear record of any changes to the original terms.

For a prospective Bhc franchisee, this means that if they seek a waiver or reduction of any obligation under the addendum, they must obtain it in writing and ensure it is signed by the appropriate party. They should also carefully review the written waiver to understand the exact scope and limitations of the excused or reduced obligation. This is a fairly standard clause in franchise agreements to ensure clarity and enforceability of any modifications to the original contract terms.