Does the Craters & Freighters franchise agreement allow for verbal changes to the contract?
Craters_Freighters Franchise · 2025 FDDAnswer from 2025 FDD Document
- 25.1 Entire Agreement. This Agreement and the documents referred to herein will be construed together and constitute the entire Agreement between the parties hereto and supersede all prior negotiations, understandings, representations, and agreements, if any. However, nothing in this Agreement or any related agreement is intended to disclaim Franchisor's representations made in Franchisor's Franchise Disclosure Document. No amendment, change, or variance from this Agreement will be binding on either party hereto unless executed in writing by both parties hereto.
Source: Item 22 — CONTRACTS (FDD pages 49–50)
What This Means (2025 FDD)
According to the 2025 Craters & Freighters Franchise Disclosure Document, the franchise agreement stipulates that any modifications, changes, or variances must be documented in writing and executed by both parties to be considered binding. This clause ensures that all amendments to the agreement are formally agreed upon and prevents misunderstandings or disputes arising from verbal agreements.
This requirement for written amendments provides clarity and legal certainty for both Craters & Freighters and the franchisee. It protects both parties by ensuring that all changes to the original agreement are properly documented and agreed upon, reducing the potential for future disagreements. This is a standard practice in franchising to maintain a clear record of all contractual terms and modifications.
As a prospective Craters & Freighters franchisee, it is crucial to understand that any promises or assurances made by the franchisor or its representatives that are not included in the written agreement or a written amendment are not legally binding. Therefore, it is important to ensure that all agreed-upon terms and conditions are documented in writing before signing the franchise agreement.