Are electronic signatures acceptable for the Afuri Ramen Dumpling agreement?
Afuri_Ramen_Dumpling Franchise · 2024 FDDAnswer from 2024 FDD Document
Execution of this Agreement via DocuSign or any other reputable e-signature service will constitute valid and enforceable execution.
L. Definition of "Including." In this Agreement, including means "including but not limited to" unless expressly stated otherwise.
[7. Effective Date. The effective date of this Agreement shall be the date the last party signs.] IN WITNESS WHEREOF, the parties have executed this Agreement. "Franchisor": Afuri Franchise Inc. By (Signature): "Franchisee": , an individual , an individual [ENTITY NAME] By (Signature): Instructions for signatures (above) for "Franchisee" and "Transferee": If you are a corporation, limited liability company or other business entity, then this Agreement should be signed by a company officer or owner authorized to sign on behalf of the company. Additionally, this Agreement must be signed by all officers and owners of the company as individuals.
Source: Item 23 — Receipts (FDD pages 50–189)
What This Means (2024 FDD)
According to Afuri Ramen Dumpling's 2024 Franchise Disclosure Document, the franchise agreement can be executed via electronic signature. Specifically, using DocuSign or any other reputable e-signature service is considered a valid and enforceable method of signing the agreement.
This means that prospective Afuri Ramen Dumpling franchisees do not necessarily need to sign a physical paper copy of the franchise agreement. They can use an electronic signature platform to complete the process, which can be more convenient, especially if the franchisee and franchisor are not located in the same geographic area.
It is important to note that the FDD specifies that the e-signature service must be reputable. This implies that Afuri Ramen Dumpling may have certain standards or requirements for the e-signature platform used. Franchisees should confirm with Afuri Ramen Dumpling which e-signature services they consider acceptable to ensure compliance with the franchise agreement terms. The effective date of the agreement is the date the last party signs the agreement.