Who must execute written modifications to the Learningrx Franchise Agreement?
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 Learningrx's 2025 Franchise Disclosure Document, any modifications to the Franchise Agreement must be made in writing and executed by all parties involved. This means that both Learningrx and the franchisee must agree to and sign any changes to the original agreement for them to be valid.
This requirement ensures that all parties are fully aware of and consent to any alterations to the terms of the franchise agreement. It protects both Learningrx and the franchisee by preventing unilateral changes or misunderstandings about the agreement's terms. This is a standard practice in franchising, as it provides a clear and documented record of any agreed-upon modifications.
For a prospective Learningrx franchisee, this means that any promises or representations made by Learningrx that are not included in the written agreement or a written modification to it may not be enforceable. Therefore, it is crucial to ensure that all agreed-upon terms are documented in writing and properly executed by all parties to avoid potential disputes in the future.