According to the Chatime Franchise Agreement, how can the agreement be modified?
Chatime Franchise · 2025 FDDAnswer from 2025 FDD Document
| s. Modification of agreement | §25.13 | Your Franchise Agreement may only be modified by the parties in writing. |
|---|---|---|
| MDA: §23.12 | Your MDA may only be modified by the parties in writing. |
Source: Item 17 — Renewal, Termination, Transfer, and Dispute Resolution (FDD pages 43–52)
What This Means (2025 FDD)
According to Chatime's 2025 Franchise Disclosure Document, both the Franchise Agreement and the Multi-Unit Development Agreement (MDA) can only be modified through a written agreement signed by all parties involved. This requirement for written modification ensures that any changes to the original agreement are formally documented and agreed upon, preventing potential disputes arising from verbal agreements or misunderstandings.
This stipulation is a standard practice in franchising, as it provides clarity and legal certainty for both Chatime and its franchisees. By mandating written modifications, Chatime aims to maintain consistency and uniformity across its franchise network, while also protecting the interests of individual franchisees by ensuring that any changes to their contractual obligations are clearly defined and agreed to in writing.
Prospective Chatime franchisees should understand the importance of this provision. Any promises or representations made outside of the written Franchise Agreement or MDA may not be enforceable. This highlights the need to carefully review all documents and seek legal counsel to fully understand the terms and conditions before signing the agreement. Franchisees should also ensure that any modifications they wish to make are properly documented in writing and signed by all relevant parties to avoid future disputes.