According to the resolution, what are agents authorized to do on behalf of Alloy?

According to Alloy's 2025 Franchise Disclosure Document, any modification, consent, approval, authorization, or waiver required to be effective by signature must be executed by the Owner or, on Alloy's behalf, by Alloy's President or one of its authorized Vice Presidents. This outlines the specific individuals authorized to act on behalf of Alloy in legally binding matters related to the franchise agreement.

This provision is important for prospective franchisees as it clarifies who has the authority to make legally binding commitments on behalf of Alloy. Franchisees should ensure that any agreements or modifications to their franchise agreement are signed by one of these authorized individuals to be considered valid. This helps protect the franchisee by ensuring they are dealing with someone who has the power to make decisions for the company.

In the franchise industry, it is common practice to specify who can legally represent the franchisor. This clause ensures clarity and prevents misunderstandings about who has the authority to bind the company to certain actions or agreements. Franchisees should pay close attention to such clauses to avoid potential disputes or issues in the future. Therefore, it is important for franchisees to verify the signatory's position within Alloy to ensure the validity of any agreements or modifications.