Does the Fly To Fit franchise agreement supersede all prior negotiations?
Fly_To_Fit Franchise · 2024 FDDAnswer from 2024 FDD Document
18.3 Entire Agreement. This Agreement constitutes the entire agreement of the parties and supersedes all prior negotiations and representations.
Nothing in this Agreement or in any related agreement is intended to disclaim the representations made by Fly To Fit Franchise in its franchise disclosure document.
- 18.4 Modification. No modification or amendment of this Agreement will be effective unless it is in writing and signed by both parties.
Source: Item 22 — CONTRACTS (FDD page 44)
What This Means (2024 FDD)
According to Fly To Fit's 2024 Franchise Disclosure Document, the franchise agreement constitutes the entire agreement between the parties, superseding all prior negotiations and representations. This means that any discussions, promises, or agreements made before signing the franchise agreement are not binding unless they are explicitly included in the agreement itself. However, the franchise agreement does not disclaim the representations made by Fly To Fit in its franchise disclosure document.
This clause is a standard provision in franchise agreements. It is designed to provide clarity and certainty regarding the terms of the franchise relationship. It prevents either party from later claiming that there were additional agreements or understandings that were not documented in the written contract.
For a prospective Fly To Fit franchisee, this provision highlights the importance of carefully reviewing the franchise agreement and ensuring that all important terms and conditions are included. It also emphasizes the significance of the Franchise Disclosure Document (FDD), as the agreement does not disclaim the representations made within it. Any promises or representations made by Fly To Fit representatives during the negotiation process should be verified and included in the written agreement to be enforceable. If there are discrepancies between what was discussed and what is written in the agreement, the franchisee should seek clarification and request that the agreement be amended to reflect the correct terms before signing.
Furthermore, the agreement can only be modified or amended if it is in writing and signed by both parties. This ensures that any changes to the original agreement are documented and agreed upon by both Fly To Fit and the franchisee, providing further clarity and legal protection.