What is the required format for amending the City Wide release agreement?
City_Wide Franchise · 2025 FDDAnswer from 2025 FDD Document
This Release may not be amended except in a writing signed by all of the parties.
Source: Item 23 — RECEIPT (FDD pages 65–271)
What This Means (2025 FDD)
According to the 2025 City Wide Franchise Disclosure Document, the release agreement can only be amended through a written document. This written amendment must be signed by all parties involved, which include both the franchisee and City Wide.
This requirement ensures that any changes to the release agreement are formally documented and agreed upon by all parties, preventing potential misunderstandings or disputes in the future. The need for a signed written amendment provides a clear and legally sound process for modifying the terms of the release.
Prospective City Wide franchisees should pay close attention to this clause, as it dictates the procedure for making any future changes to the release agreement. It is crucial to ensure that any desired modifications are properly documented in writing and signed by all parties to be considered valid and enforceable.