factual

Under what conditions can the Face Foundrie Area Development Agreement be modified?

Face_Foundrie Franchise · 2025 FDD

Answer from 2025 FDD Document

Provision Section(s) in Summary
Area Development Agreement rights or obligations under the Area Development Agreement, or any material asset of your business, without our prior written consent, which shall be subject to all of the conditions and requirements for transfers set forth in the Franchise Agreement executed simultaneously with the Area Development Agreement that we deem applicable to a proposed transfer under the Area Development Agreement.
(l) Franchisor approval Section 7.2 We have the right to approve transfers.
of transfer by area
developer
(m) Conditions for franchisor’s approval of transfer Sections 7.2 and 7.3 Unless waived, a transfer of the Area Development Agreement is conditioned on, among other factors, the requirement that the proposed transfer of the Area Development Agreement be made in conjunction with a simultaneous transfer of all existing Franchise Agreements to the same approved transferee. Additionally, your first Facial Bar under your first Franchise Agreement must be open and operating.
(n) Franchisor’s right of Not Applicable
first refusal to acquire
area developer’s
business
(o) Franchisor’s option to Not Applicable
purchase area
developer’s business
(p) Death or disability of area developer Section 5.2 In the event your Operating Partner dies or becomes incapacitated, you must designate a new Operating Partner that owns at least a 20% ownership interest in you, subject to our approval.
(q) Non-competition covenants during the term of the franchise Section 8.2 No direct or indirect involvement in competitive business.
(r) Non-competition covenants after the franchise is terminated or expires Section 8.3 For two years, no involvement in competitive business located within a 10-mile radius of any Facial Bar.
Provision Section(s) in Area Development Agreement Summary
(s) Modification of the agreement Section 15 Except for those permitted to be made unilaterally by us hereunder, no amendment, change, or variance from the Area Development Agreement will be binding on either part

Source: Item 17 — RENEWAL, TERMINATION, TRANSFER, AND DISPUTE RESOLUTION OF THE FRANCHISE RELATIONSHIP (FDD pages 51–59)

What This Means (2025 FDD)

According to Face Foundrie's 2025 Franchise Disclosure Document, modifications to the Area Development Agreement require mutual written consent. Specifically, no amendment, change, or variance from the Area Development Agreement will be binding on either Face Foundrie or the area developer unless both parties agree to the changes in writing, with authorized officers or agents executing the agreement.

This requirement for written consent ensures that both Face Foundrie and the area developer are fully aware of and agree to any changes to their contractual obligations. This protects both parties from unilateral changes that could negatively impact their respective interests. It is a standard practice in franchising to have such clauses to maintain clarity and enforceability of the agreement.

This condition means that a Face Foundrie area developer cannot rely on verbal agreements or informal communications for modifications. Any proposed change must be formally documented and agreed upon by both parties to be valid. This provision aims to prevent misunderstandings and disputes that could arise from undocumented changes to the Area Development 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.