Under what conditions can the Craters & Freighters agreement be amended?
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, the franchise agreement can only be amended if the amendment is in writing and signed by the party against whom enforcement of the amendment is sought. This requirement ensures that any changes to the original agreement are formally documented and agreed upon by all relevant parties, preventing misunderstandings or disputes based on verbal agreements or informal communications.
This provision is typical in franchise agreements, as it provides a clear and legally sound process for making changes. It protects both the franchisee and Craters & Freighters by requiring a written record of any modifications. This helps to maintain the integrity of the franchise agreement over time, as it prevents either party from unilaterally altering the terms of the agreement.
For a prospective Craters & Freighters franchisee, this means that any desired changes to the franchise agreement must be negotiated and formalized in writing. It is crucial to ensure that any amendments are properly documented and signed to be legally binding. This clause underscores the importance of careful review and understanding of the franchise agreement before signing, as any subsequent changes will require a formal written amendment.