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Franchise Systems Updates
The franchiser, __________, and the franchisee, ____________, as set forth in their franchise agreement on this __________ day of ___________, 20 __, and as witnessed by _________________, have agreed to the following additional terms and conditions:
From time to time during the life of the contract franchiser reserves the right to make amendments or revisions to this agreement. Such revisions are to the betterment of the franchise whether it be in product, marketing, general procedures or operations and so on, in the case of such improvement or change, the franchiser agrees to keep franchisee abreast and informed.
*** If Required By State Law ***
This Section for Notary:
State of _________
County of ________ [COUNTY]
On [DATE] before me, [NAME OF NOTARY], notary, personally appeared [NAME OF PERSON(S) INVOLVED], personally known to me (or proved to me on the basis of satisfactory evidence) to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument.
Witness my hand and official seal.
My commission expires: _____