table_specific

In the Aerus franchise agreement receipt, what role is indicated for the individual signing on behalf of the franchisee?

Aerus Franchise · 2025 FDD

Answer from 2025 FDD Document

B. If a business entity:

  • (4) The individual executing this Agreement is duly authorized to so execute, has appropriate authority to bind Franchisee as provided hereunder, and is an active, full-time participant in the daily operations of the Franchised Business; and

Source: Item 23 — Receipts (FDD pages 74–305)

What This Means (2025 FDD)

According to the 2025 Aerus Franchise Disclosure Document, if the franchisee is a business entity, the individual executing the franchise agreement on behalf of the franchisee must be duly authorized to execute the agreement. This individual needs to have the appropriate authority to legally bind the franchisee to the terms outlined in the agreement.

Furthermore, the individual signing must be an active, full-time participant in the daily operations of the Aerus Franchised Business. This requirement ensures that the person committing the business to the franchise is directly involved in its management and operation.

This condition is important for Aerus because it helps ensure that the franchisee is actively managed by someone with a vested interest in its success, rather than being a passive investment. For a prospective franchisee, this means that if you are setting up a business entity to operate the franchise, you must designate someone who is both authorized to sign legal documents and actively involved in the business's day-to-day activities.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.