Who must sign a written agreement to modify the Nothing Bundt Cakes Franchise Agreement?

According to the 2025 Nothing Bundt Cakes Franchise Disclosure Document, after the franchisee and their owners (or an Approved Affiliate and its owners) sign the franchise agreement (and related documents, including Guaranty and Assumption of Obligations), its terms and conditions will control the construction, development, and operation of the Nothing Bundt Cakes Bakery. The exception to this is that the required opening date is governed exclusively by the Schedule in the Rider.

This means that the franchisee, the franchisee's owners, and Nothing Bundt Cakes must agree to and sign any written modifications to the franchise agreement. This is a standard practice in franchising, as it ensures that all parties are aware of and consent to the changes. The "Guaranty and Assumption of Obligations" document typically involves the franchisee's owners personally guaranteeing the franchisee's obligations under the agreement, so their signature is required for any modifications.

Prospective franchisees should carefully review the franchise agreement and related documents before signing to understand their rights and obligations. They should also seek legal counsel to ensure that they fully understand the terms of the agreement and any potential risks.