For Big O Tires, what is required for an amendment or modification to the agreement to be considered valid?

According to the 2025 Big O Tires Franchise Disclosure Document, Franchisee understands and acknowledges that Big O Tires shall have the right, in its sole discretion, to reduce the scope of any covenant set forth in Section 17 or any portion hereof, without Franchisee's consent, effective immediately upon receipt by Franchisee of written notice thereof; and Franchisee agrees that it shall comply immediately with any covenant as so modified.

This means that Big O Tires can unilaterally modify certain aspects of the franchise agreement related to specific covenants, without needing the franchisee's explicit consent. These modifications become effective as soon as the franchisee receives written notice. The franchisee is then obligated to comply with the modified terms immediately.

This clause gives Big O Tires significant flexibility to adapt the franchise agreement to changing market conditions or business strategies. However, it also places a degree of risk on the franchisee, who must be prepared to adjust their operations quickly in response to changes imposed by Big O Tires. Prospective franchisees should carefully consider the implications of this clause and how it might affect their business operations and profitability.