In the Aerus Software License agreement, what information is required besides the signatures of both parties?
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 Software License agreement requires the date of execution for both the Licensor (Aerus Franchising, LLC) and the Licensee. The agreement specifies that it is effective as of the date set forth with their signatures. The Licensee section also indicates a blank to specify if the Licensee is an entity or an individual.
This means that in addition to the signatures of both Aerus and the franchisee, the agreement must also include the date on which it was signed to establish its effective start date. This is a standard practice in legal agreements to clearly define when the terms and conditions become binding.
Prospective Aerus franchisees should ensure that all dates are accurately recorded on the Software License Agreement before signing to avoid any potential disputes regarding the agreement's effective period. They should also note whether they are signing as an individual or on behalf of a business entity, as this will affect how the Licensee section is completed.