Is there a specific notary public required for the 'ACKNOWLEDGEMENT OF PRINCIPAL' section of the Alloy franchise agreement?
Alloy Franchise · 2025 FDDAnswer from 2025 FDD Document
Each of the undersigned hereby acknowledges having read and understood this Addendum and consents to be bound by all of its terms.
FRANCHISOR: Alloy Personal Training, LLC FRANCHISEE:
Source: Item 23 — RECEIPTS (FDD pages 69–245)
What This Means (2025 FDD)
Based on the 2025 Franchise Disclosure Document, the excerpts provided do not specify whether Alloy requires a particular notary public for the 'ACKNOWLEDGEMENT OF PRINCIPAL' section of the franchise agreement. The excerpts include addenda for various states like Minnesota, Illinois, and South Dakota, addressing compliance with their respective franchise laws. These addenda cover topics such as financial assurances, litigation clauses, and waivers, but they do not mention any specific requirements for notaries.
Several addenda include an acknowledgement section where both the franchisor, Alloy Personal Training, LLC, and the franchisee confirm they have read and understood the addendum's terms. However, these sections do not detail any specific notary requirements. The Illinois addendum mentions that the Acknowledgment Addendum attached to the Area Development Agreement is unenforceable in Illinois, as it may force a franchisee to waive certain rights, but this does not relate to notary specifics.
To clarify whether Alloy mandates a particular notary public for the 'ACKNOWLEDGEMENT OF PRINCIPAL' section, a prospective franchisee should directly ask the franchisor. This inquiry will ensure compliance with Alloy's specific requirements and avoid potential issues during the franchise agreement process.