Must modifications to the Fly To Fit franchise agreement be in writing?
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 to be considered effective. Both the franchisee and Fly To Fit must sign the written modification or amendment. This requirement ensures that all changes to the original agreement are documented and agreed upon by both parties, preventing potential misunderstandings or disputes.
This provision does not limit Fly To Fit's rights to modify the Manual or System Standards. Fly To Fit has the right to make changes to the Manual and System Standards at any time and inform the franchisee through any method they deem appropriate.
This stipulation is a standard practice in franchising, as it provides a clear record of any alterations to the original contract. Prospective Fly To Fit franchisees should be aware that any verbal agreements or promises made outside of the written contract and signed modifications may not be legally binding. Therefore, it is crucial to ensure that all agreed-upon changes are documented in writing and properly executed.