Under what conditions can the Budget franchise agreement be changed?

According to Budget's 2025 Franchise Disclosure Document, the franchise agreement can be modified if both Budget and the franchisee agree to the changes. This is highlighted in Item 23, which discusses receipts and modifications to the franchise agreement. Specifically, it mentions that the parties may wish to modify the Franchise Agreement upon the terms and conditions set forth in the receipts.

For franchisees, this means that changes to the original agreement are possible, but they require mutual consent. This could be beneficial if a franchisee needs to negotiate specific terms or adapt to local market conditions. However, it also means that Budget must agree to these changes, so franchisees should be prepared to justify their requests and negotiate in good faith.

Additionally, the FDD includes caveats related to specific state laws. For example, in North Dakota, any general release the Licensee is required to assent to shall not apply to any liability Budget may have under the North Dakota Franchise Investment Law. Also, covenants not to compete are generally considered unenforceable in the State of North Dakota. These stipulations suggest that while modifications are possible, certain legal protections for franchisees are maintained, depending on the jurisdiction.