What are the requirements for modifying the Crepe De Licious Area Development Agreement?
Crepe_De_Licious Franchise · 2025 FDDAnswer from 2025 FDD Document
state law. |
| Provision | Section(s) in Area Development Agreement | Summary |
|---|---|---|
| a Length of the franchise term | Section 2 and Exhibit A | Last date in Dev |
Source: Item 17 — RENEWAL, TERMINATION, TRANSFER AND DISPUTE RESOLUTION (FDD pages 48–52)
What This Means (2025 FDD)
According to the 2025 Crepe De Licious Franchise Disclosure Document, any modifications to the Area Development Agreement must be documented in writing and signed by both Crepe De Licious and the area developer. This requirement ensures that all changes to the original agreement are formally acknowledged and agreed upon by all parties involved, preventing potential misunderstandings or disputes in the future.
This stipulation is a standard practice in franchising, as it provides a clear and legally sound method for altering the terms of the agreement. It protects both Crepe De Licious and the area developer by ensuring that any modifications are made with mutual consent and properly documented. This written requirement helps maintain transparency and accountability throughout the duration of the Area Development Agreement.
Prospective Crepe De Licious area developers should pay close attention to this clause, understanding that any desired changes to the agreement must be formally proposed, agreed upon, and documented in writing. Verbal agreements or understandings will not be considered binding. This requirement underscores the importance of careful review and negotiation of the Area Development Agreement before signing, as any subsequent modifications will require the franchisor's written consent.