In the Aira Fitness franchising agreement, what date must be entered for both Aira Fitness Franchising, LLC and the Developer?
Aira_Fitness Franchise · 2025 FDDAnswer from 2025 FDD Document
| AIRA FITNESS FRANCHISING, LLC, an Illinois limited liability | DEVELOPER: | ||
|---|---|---|---|
| company | [Insert individual name or company | ||
| By: | By: | ||
| Its: | Its: | ||
| Date: | Date: |
Source: Item 17 — **RENEWAL, TERMINATION,TRANSFER AND DISPUTE RESOLUTION THE FRANCHISE RELATIONSHIP (FDD pages 48–54)
What This Means (2025 FDD)
According to the 2025 Aira Fitness Franchise Disclosure Document, several addenda to the franchise agreement require a date to be entered upon signing by both Aira Fitness Franchising, LLC and the Developer. These dates signify that both parties acknowledge, understand, and agree to be bound by the terms outlined in the respective addendum. The inclusion of a date confirms when the agreement becomes effective.
Specifically, the addenda for states like Indiana, Illinois, North Dakota, and Wisconsin include signature lines for both Aira Fitness Franchising, LLC and the Developer, followed by a space to record the date. This ensures that there is a clear record of when each party formally committed to the terms of the addendum.
For a prospective Aira Fitness franchisee, this means that upon signing the franchise agreement and any related addenda, they must ensure that the date is accurately recorded alongside their signature and that of Aira Fitness Franchising, LLC. This date serves as an official marker for when the agreement comes into effect and when the franchisee is legally bound by its terms. Failing to properly date the agreement could potentially lead to disputes or confusion regarding the effective period of the franchise agreement.