How can the Itan franchise agreement be changed?
Itan Franchise · 2025 FDDAnswer from 2025 FDD Document
- (a) Modification. This Addendum and the Franchise Agreement when executed constitute the entire agreement and understanding between the Parties with respect to the subject matter contained herein and therein. Any and all prior agreements and understandings between the Parties and relating to the subject matter contained in this Addendum and the Franchise Agreement, whether written or verbal, other than as contained within the executed Addendum and Franchise Agreement, are void and have no force and effect. In order to be binding between the Parties, any subsequent modifications must be in writing signed by the Parties.
Source: Item 23 — RECEIPT (FDD pages 44–190)
What This Means (2025 FDD)
According to the 2025 Itan Franchise Disclosure Document, the franchise agreement and any addenda constitute the entire agreement between the parties involved. This means that any prior agreements or understandings, whether written or verbal, are void and have no effect unless they are contained within the executed addendum and franchise agreement.
For any modifications to be binding between Itan and the franchisee, they must be in writing and signed by both parties. This requirement ensures that all changes are formally documented and agreed upon, providing clarity and legal certainty for both parties. This protects both the franchisee and Itan by ensuring that any changes to the agreement are clear, documented, and mutually agreed upon, reducing the potential for misunderstandings or disputes.
This clause is a standard provision in franchise agreements, designed to prevent disputes based on informal or undocumented understandings. Prospective Itan franchisees should ensure that any promises or representations made by the franchisor during the negotiation process are included in the written agreement or a signed addendum to avoid future disagreements.