Is a verbal agreement sufficient to amend the Release agreement for Dollar Rent A Car?
Dollar_Rent_A_Car Franchise · 2025 FDDAnswer from 2025 FDD Document
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- This Agreement contains the entire agreement between Recipient, the Franchisor, and the Franchisee concerning confidentiality and related matters. This Agreement may be modified only by mutual agreement of the parties executed in writing.
Source: Item 23 — RECEIPTS (FDD pages 102–301)
What This Means (2025 FDD)
According to the 2025 Dollar Rent A Car Franchise Disclosure Document, any amendments or modifications to the Confidentiality and Non-Competition Agreement must be in writing. Specifically, the agreement contains the entire understanding between the recipient, Dollar Rent A Car, and the franchisee regarding confidentiality and related issues.
Paragraph 12 of the agreement explicitly states that it can only be modified through a mutual agreement executed in writing. This requirement ensures that all parties are clear on the terms of any changes and provides a documented record of the modifications.
This clause protects Dollar Rent A Car by preventing misunderstandings or disputes that could arise from verbal agreements. It also provides a clear legal standard for enforcing the terms of the agreement, as any modifications must be documented in writing to be considered valid. Prospective franchisees should be aware that any verbal promises or agreements that contradict the written terms of the Confidentiality and Non-Competition Agreement are unlikely to be enforceable.