factual

For the Even Hotels agreement, what form must amendments or waivers to the agreement take?

Even_Hotels Franchise · 2025 FDD

Answer from 2025 FDD Document

Any waiver, modification or amendment to this Participation Agreement must be in writing and signed by officers of both parties. Any attempted waiver, modification or amendment not in writing and signed by officers of both parties shall be null and void.

Source: Item 23 — RECEIPTS (FDD pages 99–438)

What This Means (2025 FDD)

According to Even Hotels' 2025 Franchise Disclosure Document, any waiver, modification, or amendment to the Participation Agreement must be in writing and signed by officers of both parties. Any attempted waiver, modification, or amendment not meeting these requirements will be considered null and void. This requirement ensures that all changes to the agreement are formally documented and agreed upon by both Even Hotels and the participating property, preventing misunderstandings or disputes based on undocumented or informal changes.

This stipulation is typical in franchise agreements to maintain clarity and enforceability. By requiring written and signed amendments, Even Hotels ensures that all parties are fully aware of any changes to their contractual obligations. This protects both the franchisor and the franchisee by providing a clear record of all agreed-upon terms and modifications.

Prospective Even Hotels franchisees should pay close attention to this clause, ensuring that any modifications or waivers they seek are properly documented and signed by authorized representatives of both parties. Failure to adhere to this requirement could result in the amendment being deemed invalid, potentially leading to legal or financial complications down the line. This requirement underscores the importance of formal communication and documentation in the franchise relationship.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.