How can the Learningrx agreement be modified?
Learningrx Franchise · 2025 FDDAnswer from 2025 FDD Document
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- This Agreement contains the entire agreement of the parties regarding the subject matter hereof. This Agreement may be modified only by a duly authorized writing executed by all parties.
Source: Item 23 — RECEIPT (FDD pages 54–209)
What This Means (2025 FDD)
According to the 2025 Learningrx Franchise Disclosure Document, the franchise agreement represents the entire agreement between the parties involved. Any modifications to the Learningrx agreement must be made through a written document that is duly authorized and executed by all parties involved. This requirement ensures that all changes are formally documented and agreed upon by both Learningrx and the franchisee, preventing misunderstandings or disputes later on.
This clause is a standard inclusion in franchise agreements to provide clarity and legal certainty. It prevents either party from claiming that oral agreements or informal communications constitute a modification of the original contract. For a prospective Learningrx franchisee, this means that any desired changes to the franchise agreement must be negotiated and formalized in writing to be valid.
It is important for franchisees to understand this provision, as it protects both the franchisee and Learningrx by ensuring that all modifications are clear, documented, and mutually agreed upon. Before signing any modification, a franchisee should carefully review the terms and seek legal counsel to ensure they fully understand the implications of the changes.