Does the Amorino franchise agreement require the franchisee to acknowledge that they have read the agreement?
Amorino Franchise · 2025 FDDAnswer from 2025 FDD Document
- E.
Franchisee has read this Agreement and the Franchise Disclosure Document and has had adequate opportunity to be thoroughly advised of the terms and conditions of those documents by counsel of Franchisee's choosing; and Franchisee understands and accepts the terms, conditions, and covenants herein contained, as being reasonably necessary to maintain the Franchisor's high standards of quality, appearance, and service.
NOW, THEREFORE, in consideration of the mutual covenants and commitments contained herein, and the recitals which are incorporated herein, the parties hereby agree as follows:
I. GRANT OF AREA DEVELOPMENT FRANCHISE
Source: Item 22 — CONTRACTS (FDD pages 80–81)
What This Means (2025 FDD)
According to the 2025 Amorino Franchise Disclosure Document, the franchisee must acknowledge that they have read the franchise agreement. Specifically, the franchisee must acknowledge that they have read and understand the terms of the agreement and its exhibits.
Furthermore, Amorino requires the franchisee to acknowledge that they have had ample time and opportunity to consult with an attorney or business advisor of their choice regarding the potential risks and benefits of entering into the agreement. This acknowledgement is designed to ensure that the franchisee is fully informed and aware of the implications of signing the franchise agreement.
In addition to acknowledging they have read the franchise agreement, franchisees must also acknowledge that they have received a complete copy of Amorino's Franchise Disclosure Document at least 14 calendar days before signing the agreement or paying any consideration to Amorino for franchise rights. They must also acknowledge that they have read and understand all items disclosed in the FDD and have independently investigated, with their advisors, all risks associated with operating the franchised business. This comprehensive acknowledgement aims to confirm that franchisees enter the agreement with a clear understanding of their obligations, the associated risks, and the overall business venture.