Who signs the Afuri Ramen Dumpling Franchise Agreement on behalf of Afuri Franchise Inc.?
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 agreement is signed by an authorized representative of Afuri Franchise Inc. The FDD includes a signature line for the franchisor, labeled "Franchisor: Afuri Franchise Inc. By (Signature)." The person signing on behalf of Afuri Franchise Inc. must also print their name and title.
For the franchisee, if the franchisee is an individual, they sign with their name. If the franchisee is a corporation, limited liability company, or other business entity, the 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 the company as individuals.
The document also specifies that executing the agreement via DocuSign or any other reputable e-signature service constitutes a valid and enforceable execution, providing flexibility in the signing process.
Prospective Afuri Ramen Dumpling franchisees should ensure that the person signing on behalf of Afuri Franchise Inc. has the authority to do so. If the franchisee is a business entity, it is crucial that all required individuals (officers, owners, and the entity's authorized signatory) properly sign the agreement to ensure its validity.