According to Ledgers' 2025 Franchise Disclosure Document, any modifications to the Franchise Agreement must be in writing and signed by both the franchisee and an authorized officer of Ledgers to be effective. This requirement ensures that both parties are in agreement with any changes made to the original contract.

This provision protects both Ledgers and the franchisee by requiring a formal, documented agreement for any changes. It prevents misunderstandings or disputes that could arise from verbal agreements or informal communications. The franchisee can be assured that Ledgers cannot unilaterally alter the agreement without their written consent. Similarly, Ledgers is protected from unauthorized modifications made by franchisee.

However, Ledgers retains the right to modify the provisions of its Manual without the franchisee's consent. Franchisees should pay close attention to the distinction between the Franchise Agreement itself, which requires mutual written consent for modifications, and the Ledgers Manual, which Ledgers can change unilaterally. Franchisees should carefully review the Manual and any updates to understand how their business operations may be affected.

This is a fairly standard clause in franchise agreements. Franchisees should always carefully review any proposed modifications to the Franchise Agreement and seek legal counsel if they have any concerns about the changes.