For Even Hotels, what is the consequence of making alterations or changes to the Agreement?
Even_Hotels Franchise · 2025 FDDAnswer from 2025 FDD Document
The terms and conditions of this Agreement may not be amended, waived, or modified, except in a writing signed by both 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 cannot be altered unless both parties agree to the changes in writing. This means that any modifications, waivers, or amendments to the franchise agreement must be formally documented and signed by both Even Hotels and the franchisee to be considered valid.
This requirement protects both Even Hotels and the franchisee by ensuring that all changes are mutually agreed upon and clearly recorded, preventing misunderstandings or disputes later on. It also ensures that the franchise system maintains consistency and uniformity, as changes cannot be made unilaterally by individual franchisees.
This is a fairly standard clause in franchise agreements. Prospective Even Hotels franchisees should carefully review the franchise agreement and any proposed changes with legal counsel to fully understand their rights and obligations. It is important to maintain open communication with Even Hotels and to ensure that any agreed-upon changes are properly documented in writing to avoid future conflicts.