What does Brian Hindman, as Chief Executive Officer of All Team, acknowledge in the receipt?
All_Team Franchise · 2025 FDDAnswer from 2025 FDD Document
| ATFC: | USER |
|---|---|
| ALL TEAM FRANCHISE CORPORATION | |
| By: | By: |
| Brian | , |
| Hindman, Chief Executive Officer | |
| STATE OF | |
| ) | |
| ) | |
| COUNTY OF | |
| ) | |
| known, who, being by me duly sworn, did say that he is the Chief Executive Officer of All Team Franchise | On this day of, 20, before me appeared Brian Hindman, personally |
| Corporation, a corporation of the State of Florida, and that said instrument was signed on behalf of said | |
| corporation by authority of its board of directors, and said President acknowledged said instrument to be | |
| the free act and deed of said corporation. | |
| County and State aforesaid, the day and year first above written. | IN TESTIMONY WHEREOF, I have hereunto set my hand and affixed my official seal in the |
| My commission expires: | Notary Public |
| STATE OF | |
| ) | |
| ) | |
| SS. | |
| COUNTY OF | |
| ) | |
| On this day of , personally known, who, being by me duly sworn, did say that he/she is the (title) of (USER) an entity of the State of, | , 20, before me appeared |
| and that said instrument was signed on behalf of said entity and said | |
| acknowledged said instrument to be the free act and deed of said entity. | |
| County and State aforesaid, the day and year first above written. | IN TESTIMONY WHEREOF, I have hereunto set my hand and affixed my official seal in the |
| Notary Public | |
| My commission expires: |
Source: Item 23 — RECEIPT (FDD pages 34–161)
What This Means (2025 FDD)
According to the 2025 All Team Franchise Disclosure Document, Brian Hindman, as Chief Executive Officer of All Team Franchise Corporation, acknowledges that the instrument (likely the franchise agreement or related documents) was signed on behalf of the corporation by the authority of its board of directors. He also acknowledges the instrument to be the free act and deed of the corporation. This acknowledgement is part of a sworn statement made before a notary public.
In practical terms, this means that All Team is legally affirming its commitment to the franchise agreement. The inclusion of this acknowledgement in the receipt serves to validate the agreement and confirm that All Team is entering into the agreement willingly and with proper authorization.
Prospective franchisees should note that this acknowledgement is a standard legal procedure that helps ensure the enforceability of the franchise agreement. It protects both the franchisee and All Team by establishing a clear record of the agreement and the parties' intent to be bound by its terms. The receipt also confirms that All Team has provided the disclosure document to the prospective franchisee, summarizing the franchise agreement and other important information. This receipt must be signed, dated, and returned to All Team.