Under what condition is an amendment to the Craters & Freighters agreement binding?
Craters_Freighters Franchise · 2025 FDDAnswer from 2025 FDD Document
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, an amendment to the agreement is only binding if it is in writing and signed by the party against whom enforcement is being sought. This means that any changes or modifications to the original franchise agreement must be documented in a written format to be considered valid.
For a prospective Craters & Freighters franchisee, this clause protects both the franchisee and the franchisor by ensuring that all modifications to the franchise agreement are clear, documented, and agreed upon by both parties. It prevents either party from later claiming that an oral agreement or understanding should be considered part of the franchise agreement.
This requirement for written and signed amendments is a common practice in franchising, as it provides legal clarity and reduces the potential for disputes. Franchisees should ensure that any changes they negotiate with Craters & Freighters are properly documented and signed to avoid future misunderstandings or disagreements.