What is required for the Face Foundrie Guaranty, Indemnification, and Acknowledgment to be cancelled, terminated, modified, or amended?

According to Face Foundrie's 2025 Franchise Disclosure Document, the Guaranty, Indemnification, and Acknowledgment is an unconditional, irrevocable, and absolute guarantee of payment and performance. This agreement between Face Foundrie Franchising L.L.C. and the franchisee cannot be canceled, terminated, modified, or amended unless both parties agree to it in writing.

This stipulation ensures that the franchisor has a stable and legally binding commitment from the franchisee, reducing the risk of non-compliance with the franchise agreement. For a prospective Face Foundrie franchisee, this means that once the Guaranty, Indemnification, and Acknowledgment is signed, it is very difficult to alter unless Face Foundrie Franchising L.L.C. also agrees and puts the changes in writing.

This requirement for written agreement by both parties provides a layer of security for both the franchisor and the franchisee. It prevents unilateral changes to the agreement and ensures that any modifications are mutually agreed upon and documented, which is a common practice in franchising to maintain clarity and avoid disputes.