What is the Area Developer acknowledging regarding the Face Foundrie agreement containing all agreements between the parties?
Face_Foundrie Franchise · 2025 FDDAnswer from 2025 FDD Document
Franchisor and Area Developer, and any Principal, each acknowledge and warrant to each other that they wish to have all terms of this business relationship defined solely in and by this written Agreement. Recognizing the costs on both Franchisor and Area Developer which are uncertain, Franchisor and Area Developer, each confirm that neither wishes to enter into a business relationship with the other in which any terms or obligations are the subject of alleged oral statements or in which oral statements or non-contract writings which have been or may in the future be, exchanged between them, serve as the basis for creating rights or obligations different than or supplementary to the rights and obligations set forth herein. Accordingly, Franchisor and Area Developer agree and promise each other that this Agreement supersedes and cancels any prior and/or contemporaneous discussions or writings (whether described as representations, inducements, promises, agreements or any other term), between Franchisor or anyone acting on its behalf and Area Developer or anyone acting on its behalf, which might be taken to constitute agreements, representations, inducements, promises or understandings (or any equivalent to such term) with respect to the rights and obligations of Franchisor and Area Developer or the relationship between them. Franchisor and Area Developer agree and promise each other that they have placed, and will place, no reliance on any such discussions or writings. In accordance with the foregoing, it is understood and acknowledged that this Agreement, the attachments hereto, and the documents referred to herein constitute the entire Agreement between Franchisor and Area Developer concerning the subject matter hereof, and supersede any prior agreements, no other representations having induced Area Developer to execute this Agreement. Except for those permitted to be made unilaterally by Franchisor hereunder, no amendment, change, or variance from this Agreement shall be binding on either party unless mutually agreed to by the parties and executed by their authorized officers or agents in writing. Nothing in this Section 15 is intended to disclaim any of the information contained in Franchisor's Franchise Disclosure Document or its attachments or exhibits.
Source: Item 23 — RECEIPTS (FDD pages 74–257)
What This Means (2025 FDD)
According to Face Foundrie's 2025 Franchise Disclosure Document, the Area Developer acknowledges and warrants that they wish to have all terms of their business relationship defined solely by the written Area Development Agreement. This means the Area Developer agrees that the written agreement is the only binding document.
Both Face Foundrie and the Area Developer confirm they do not want to enter a business relationship where terms or obligations rely on alleged oral statements. They are agreeing that no verbal agreements or non-contractual writings will create rights or obligations that supplement or differ from those in the written agreement.
Therefore, the Area Developer and Face Foundrie agree that the Area Development Agreement, its attachments, and referenced documents constitute the entire agreement. This agreement supersedes any prior discussions or writings, and the Area Developer acknowledges that no other representations induced them to sign the agreement. Any amendments or changes must be mutually agreed upon in writing, with the exception of changes Face Foundrie is permitted to make unilaterally under the agreement. This clause does not disclaim any information contained within Face Foundrie's Franchise Disclosure Document or its attachments.