What document is executed to reflect a change to the Learningrx Development Schedule when additional Centers are established?
Learningrx Franchise · 2025 FDDAnswer from 2025 FDD Document
The Area Developer understands that, if there is an increased public demand for the products and services offered by Franchisor due to an increase in the number of individuals in the Development Territory, Franchisor will expect the Area Developer to establish additional Centers within the Development Territory. While Franchisor will not require the Area Developer to establish such additional Centers, Franchisor will strongly encourage Area Developer to do so. Any additional Center shall be governed by Franchisor's then-current form of individual franchise agreement and Franchisor and Area Developer shall execute an addendum to this Agreement reflecting the change to the Development Schedule.
Source: Item 23 — RECEIPT (FDD pages 54–209)
What This Means (2025 FDD)
According to the 2025 Learningrx Franchise Disclosure Document, if an Area Developer is expected to establish additional Centers within their Development Territory due to increased public demand, Learningrx will strongly encourage them to do so. While Learningrx will not require the Area Developer to establish such additional Centers, if the Area Developer agrees to do so, both Learningrx and the Area Developer must execute an addendum to the Area Development Agreement.
This addendum serves to formally document the change to the Development Schedule, reflecting the addition of new Learningrx Centers. This ensures that both parties are in agreement regarding the updated development obligations and timelines.
This clause protects Learningrx by ensuring any expansion is documented and agreed upon. For the franchisee, it means any additional center development is a mutual decision, not a requirement, but it also necessitates further negotiation and formal agreement via an addendum to the existing agreement.