What is required for an amendment to the Craters & Freighters agreement to be binding?
Craters_Freighters Franchise · 2025 FDDAnswer from 2025 FDD Document
This Agreement, and the documents referred to herein, constitute the entire agreement among the Parties with respect to the subject matter hereof.
No amendment will be binding unless in writing and signed by the Party against whom enforcement is sought.
Source: Item 23 — RECEIPTS (FDD pages 50–193)
What This Means (2025 FDD)
According to the 2025 Craters & Freighters Franchise Disclosure Document, any amendment to the franchise agreement must be in writing to be considered binding. Additionally, the amendment must be signed by the party against whom enforcement of the amendment is being sought.
This requirement ensures that both Craters & Freighters and the franchisee are clear on any changes to the original agreement. The written form provides a documented record of the amendment, reducing the potential for misunderstandings or disputes. The signature requirement ensures that the party understands and agrees to the changes.
This is a fairly standard clause in franchise agreements. It protects both the franchisor and franchisee by ensuring that any modifications to the original contract are formally documented and agreed upon, preventing either party from later claiming ignorance of the changes.