What is the condition regarding the Purchase Agreement amendment for Burneys Sweets More?
Burneys_Sweets_More Franchise · 2025 FDDAnswer from 2025 FDD Document
This Agreement may not be modified or amended or any term hereof waived or discharged except in writing signed by the party against whom such amendment, modification, waiver or discharge is sought to be enforced.
Source: Item 23 — RECEIPT (FDD pages 50–199)
What This Means (2025 FDD)
According to the 2025 Burneys Sweets More FDD, the Purchase Agreement can only be modified or amended if it is in writing and signed by the party against whom the amendment, modification, waiver, or discharge is being enforced. This means that any changes to the Purchase Agreement must be formally documented and agreed upon by all parties involved to be legally binding.
This requirement protects all parties involved in the agreement, ensuring that no changes are made without proper consent and documentation. It reduces the risk of misunderstandings or disputes arising from verbal agreements or informal modifications. For a prospective Burneys Sweets More franchisee, this means that any negotiated changes to the standard Purchase Agreement must be carefully documented and signed to be enforceable.
This condition is a standard practice in franchising and business contracts in general. It provides a clear and reliable record of any changes made to the original agreement, which can be crucial in resolving any potential conflicts or legal issues that may arise during the franchise term.