In the Aerus Software License agreement, what is the format for indicating the date of execution?
Aerus Franchise · 2025 FDDAnswer from 2025 FDD Document
[SIGNATURES ON THE FOLLOWING PAGE]
, 20 IN WITNESS WHEREOF, the parties have duly executed and delivered this Software License as of the date set forth with their signatures below to be effective as of the day of LICENSOR: AERUS FRANCHISING, LLC, a Delaware limited liability company Date of Execution: LICENSEE: , a Date of Execution:
Source: Item 23 — Receipts (FDD pages 74–305)
What This Means (2025 FDD)
According to Aerus's 2025 Franchise Disclosure Document, the format for indicating the date of execution in the Software License Agreement is presented with a blank space for the day and year. Specifically, the document shows a comma followed by a blank space, then "20", implying that the franchisee needs to fill in the specific day and year. There are also separate signature blocks for the Licensor (Aerus Franchising, LLC) and the Licensee, each with a designated "Date of Execution:" line.
This format suggests that the exact date of signing is a critical component of the agreement. It ensures clarity and precision regarding when the agreement becomes effective. Having both parties (Licensor and Licensee) separately date their signatures reinforces that both parties are in agreement on the effective date.
Prospective Aerus franchisees should pay close attention to properly filling out the date of execution when signing the Software License Agreement. They should also ensure that the date they enter is the actual date they are signing the document, as this date could have legal and contractual implications. If there are discrepancies or uncertainties about the date, it is advisable to seek legal counsel to avoid future disputes.