Under what condition can the City Wide release agreement be amended?
City_Wide Franchise · 2025 FDDAnswer from 2025 FDD Document
-
- Entire Agreement. This Release supersedes any prior negotiations and agreements, oral or written, with respect to its subject matter. This Release may not be amended except in a writing signed by all of the parties. No representations, warranties, agreements, or covenants have been made with respect to this Release, and in executing this Release, none of the parties is relying upon any representation, warranty, agreement, or covenant not set forth herein.
Source: Item 23 — RECEIPT (FDD pages 65–271)
What This Means (2025 FDD)
According to City Wide's 2025 Franchise Disclosure Document, the release agreement between the franchisee and City Wide can only be amended if the amendment is in writing and signed by all parties involved. This requirement ensures that any changes to the release are formally documented and agreed upon by both the franchisee and City Wide, preventing potential misunderstandings or disputes.
This provision is typical in franchise agreements and other legal contracts, as it provides a clear and enforceable method for modifying the terms of the agreement. Requiring a written amendment signed by all parties ensures that there is a mutual understanding and agreement on any changes made to the original release. This protects both the franchisee and City Wide by providing a verifiable record of any modifications.
Prospective City Wide franchisees should carefully review the release agreement and understand the conditions under which it can be amended. It is important to note that oral agreements or understandings will not be sufficient to amend the release; any changes must be documented in writing and signed by all parties to be valid. This requirement underscores the importance of thorough documentation and communication in the franchise relationship.