Who must sign any changes to the Brain Balance agreement for them to be valid?
Brain_Balance Franchise · 2025 FDDAnswer from 2025 FDD Document
-
- This Agreement takes the place of all previous agreements between me and the Company. Any changes must be in writing and must be signed by me and the President of Company.
Source: Item 23 — RECEIPTS (FDD pages 72–292)
What This Means (2025 FDD)
According to Brain Balance's 2025 Franchise Disclosure Document, any changes to the franchise agreement must be made in writing to be valid. The franchisee and the President of the Company must sign these written changes.
This requirement ensures that both parties are in agreement regarding any modifications to the original contract, preventing misunderstandings or disputes down the line. It also provides a clear record of the changes made, which can be useful for future reference.
This stipulation is typical in franchising, as it protects both the franchisee and franchisor by requiring mutual consent and documentation for any alterations to the franchise agreement. Prospective franchisees should carefully review the franchise agreement and any proposed changes before signing to ensure they understand and agree with the terms.