Under what condition can the Floyds 99 agreement be modified?

According to the 2025 Floyds 99 Franchise Disclosure Document, an Assignor (likely the original tenant or franchisee) and Landlord agree not to allow any surrender, amendment, modification, or termination or other assignment of the Lease without the prior written consent of Assignee. This indicates that the Floyds 99 agreement, specifically the lease, can only be modified with the assignee's written consent.

This condition protects the assignee's (Floyds 99) interests by ensuring that the lease terms remain stable unless they agree to changes. This is a fairly standard practice in franchising, as the franchisor wants to maintain control over the location and terms of the lease to protect their brand and the franchisee's business.

For a prospective Floyds 99 franchisee, this means that if they are assigned a lease, they should be aware that any modifications to that lease require the written consent of Floyds 99. This gives Floyds 99 significant control over the lease terms and could impact the franchisee's ability to negotiate changes with the landlord.