Does the Fly To Fit franchise agreement require modifications to be signed by both parties to be effective?
Fly_To_Fit Franchise · 2024 FDDAnswer from 2024 FDD Document
- 18.4 Modification. No modification or amendment of this Agreement will be effective unless it is in writing and signed by both parties.
This provision does not limit Fly To Fit Franchise's rights to modify the Manual or System Standards.
Source: Item 22 — CONTRACTS (FDD page 44)
What This Means (2024 FDD)
According to Fly To Fit's 2024 Franchise Disclosure Document, any modifications or amendments to the Franchise Agreement must be in writing and signed by both the franchisee and Fly To Fit to be considered effective. This requirement ensures that all changes to the original agreement are mutually agreed upon and documented, providing clarity and legal certainty for both parties.
This provision protects both Fly To Fit and the franchisee by preventing unilateral changes to the agreement. It ensures that neither party can later claim that an undocumented or unapproved modification is binding. This is a standard practice in franchising, as it safeguards the interests of both parties and maintains the integrity of the contractual relationship.
However, the FDD also notes that this requirement does not limit Fly To Fit's rights to modify the Manual or System Standards. This means Fly To Fit can make changes to operational guidelines and standards without requiring the franchisee's signature on each modification. Franchisees should be aware of this distinction, as changes to the Manual or System Standards can impact how they operate their Fly To Fit business.