factual

Besides changes Jersey Mikes may make unilaterally consistent with the agreement, what is required for any other amendment, change, or variance to the agreement to be binding on either party?

Jersey_Mikes Franchise · 2025 FDD

Answer from 2025 FDD Document

No amendment, change, or variance from this Agreement shall be binding on either party unless mutually agreed to by the parties and signed by themselves or their authorized officers or agents in writing.

Source: Item 22 — CONTRACTS (FDD page 77)

What This Means (2025 FDD)

According to Jersey Mikes's 2025 Franchise Disclosure Document, any amendment, change, or variance to the agreement must be mutually agreed upon by both parties to be binding. This means that both Jersey Mikes and the franchisee must consent to the changes.

Furthermore, the agreement specifies that this mutual agreement must be documented in writing. The written agreement must then be signed by both parties involved, or by their authorized officers or agents. This requirement ensures that there is a clear and verifiable record of the changes made to the original agreement.

This clause protects both the franchisee and Jersey Mikes by ensuring that neither party can unilaterally alter the terms of the franchise agreement, except for modifications to the System that Jersey Mikes may make. It provides a level of security and predictability in the franchise relationship, as all changes must be agreed upon and properly documented to be enforceable.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.