factual

What is required to change the agreement between Exit and the Sales Representative?

Exit Franchise · 2025 FDD

Answer from 2025 FDD Document

All sales associates must acknowledge and sign a standard working agreement known as the EXIT Sales Representative Agreement. The terms as set forth in the Agreement are valid unless changes are approved in writing by both parties.

Source: Item 23 — RECEIPT (FDD pages 42–235)

What This Means (2025 FDD)

According to Exit's 2025 Franchise Disclosure Document, the terms set forth in the Exit Sales Representative Agreement are valid unless changes are approved in writing by both parties. This means that any modifications to the standard agreement between Exit and its sales representatives must be documented in writing and agreed upon by both Exit and the sales representative to be considered valid.

This requirement ensures that all parties are clear on the terms of their agreement and that any changes are officially recognized. It protects both Exit and the sales representative by providing a clear record of any agreed-upon modifications. Without written approval from both parties, the original terms of the Exit Sales Representative Agreement will remain in effect.

This is a fairly standard practice in franchising and contract law. Requiring written agreements helps prevent misunderstandings and disputes by ensuring that all terms and modifications are clearly documented and agreed upon. Prospective Exit franchisees should be aware of this requirement and ensure that any changes to their agreements are properly documented to avoid potential issues in the future.

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.