factual

Besides Section 8.3, how else can the Even Hotels Agreement be amended or modified?

Even_Hotels Franchise · 2025 FDD

Answer from 2025 FDD Document

The terms and conditions of this Agreement may not be amended, waived, or modified, except as set forth in Section 8.3 (Termination or Expiration of IHG-HotelKey Agreement) or as otherwise set forth in a writing signed by the Parties.

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

What This Means (2025 FDD)

According to Even Hotels' 2025 Franchise Disclosure Document, the terms and conditions of the agreement may not be amended, waived, or modified, except as set forth in Section 8.3 (Termination or Expiration of IHG-HotelKey Agreement) or as otherwise set forth in a writing signed by the Parties. This means that any changes to the agreement must be documented in writing and agreed upon by all parties involved, which include HotelKey, the Hotel, and IHG.

This requirement for written amendments ensures that all parties are aware of and consent to any changes to the original agreement, providing a clear record of modifications. It protects the interests of all parties by preventing unilateral changes or misunderstandings about the terms of the agreement.

For a prospective Even Hotels franchisee, this means that any desired changes to the franchise agreement must be formally documented and agreed upon by Even Hotels (IHG) to be valid. This protects the franchisee by ensuring that Even Hotels cannot make unilateral changes to the agreement without their consent. Franchisees should ensure they receive and retain copies of any written amendments to the agreement.

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.