What is the requirement for the individual executing the Aerus Franchise Agreement on behalf of the franchisee?
Aerus Franchise · 2025 FDDAnswer 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 Aerus's 2025 Franchise Disclosure Document, if the franchisee is a business entity, the individual executing the Franchise Agreement on behalf of the franchisee must meet specific criteria. This individual must be duly authorized to execute the agreement and possess the appropriate authority to legally bind the franchisee to the terms outlined in the agreement.
Furthermore, the person signing must be an active, full-time participant in the daily operations of the Aerus franchised business. This requirement ensures that someone with a vested interest and direct involvement in the business is responsible for committing the franchisee to the obligations of the agreement.
This stipulation is important for Aerus, as it seeks to ensure that franchisees are actively managed by individuals who are fully aware of and committed to the daily operations and success of the business. For a prospective franchisee, this means that if the franchise is owned by a corporation or other business entity, the person signing the agreement must not only have the legal authority to do so but also be actively involved in running the business on a daily basis.