How can the Itan Franchise Agreement be amended, supplemented, waived, or changed?
Itan Franchise · 2025 FDDAnswer from 2025 FDD Document
- (c) This Agreement may be amended, supplemented, waived or changed only by a written document signed by all the parties to this Agreement and making specific reference to this Agreement.
Source: Item 23 — RECEIPT (FDD pages 44–190)
What This Means (2025 FDD)
According to the 2025 FDD, the Itan Franchise Agreement can only be amended, supplemented, waived, or changed by a written document. This document must be signed by all parties involved in the agreement and must specifically reference the original agreement it intends to modify.
This requirement ensures that any changes to the Franchise Agreement are formally documented and agreed upon by all parties, preventing misunderstandings or disputes based on verbal agreements or informal communications. It protects both Itan and the franchisee by providing a clear record of any modifications to their contractual obligations.
This type of clause is standard in franchise agreements to maintain clarity and enforceability. Prospective Itan franchisees should be aware that any desired changes to their agreement must be formalized in writing and properly executed to be valid.