What information must be printed for the Afuri Ramen Dumpling representative signing the Franchise Agreement?
Afuri_Ramen_Dumpling Franchise · 2024 FDDAnswer from 2024 FDD Document
| ("we/us"): | ||
|---|---|---|
| By: | _ | |
| Print Name: | ||
| Title: | _ | |
| (jointly and severally "you"): | ||
| THE COMPANY AS INDIVIDUALS. Name of Corporation/LLC/Partnership: | IF YOU ARE A CORPORATION, LIMITED LIABILITY COMPANY OR OTHER ENTITY: THIS AGREEMENT MUST BE SIGNED BY A COMPANY OFFICER OR OWNER AUTHORIZED TO SIGN ON BEHALF OF THE COMPANY. ADDITIONALLY, THE AGREEMENT MUST BE SIGNED BY ALL OFFICERS AND OWNERS OF | |
| By: | Title: | |
| Individual Signature: | ||
| Print Name: | ||
| Individual Signature: | ||
| Print Name: | ||
| Individual Signature: | ||
| Print Name: |
Source: Item 23 — Receipts (FDD pages 50–189)
What This Means (2024 FDD)
According to Afuri Ramen Dumpling's 2024 Franchise Disclosure Document, when Afuri Franchise Inc. signs the Franchise Agreement, the printed name and title of the representative must be provided. The agreement outlines specific signature requirements depending on the franchisee's business structure. If the franchisee is a corporation, limited liability company, or other entity, a company officer or owner authorized to sign on behalf of the company must execute the agreement. Additionally, the agreement must be signed by all officers and owners of the company as individuals.
This level of detail ensures that Afuri Ramen Dumpling has a clear record of who is authorized to represent the franchisee. This is a standard practice in franchising to establish accountability and prevent disputes regarding the validity of the agreement.
Prospective Afuri Ramen Dumpling franchisees should pay close attention to these requirements and ensure that all necessary parties sign the agreement in the correct capacity. Failure to comply with these requirements could potentially lead to legal complications or delays in the franchise approval process.