Does the Aw franchise agreement require execution in counterparts?
Aw Franchise · 2025 FDDAnswer from 2025 FDD Document
IN WITNESS WHEREOF the parties hereto have executed, sealed and delivered this Agreement in counterparts on the day and year first above written.
FRANCHISOR:
Source: Item 22 — CONTRACTS (FDD pages 39–40)
What This Means (2025 FDD)
According to Aw's 2025 Franchise Disclosure Document, the franchise agreement requires execution in counterparts. This means that the agreement can be signed in two or more identical copies, which together constitute one single agreement.
For a prospective Aw franchisee, this simplifies the signing process, as the franchisee and franchisor do not need to sign the same physical document. Each party can sign a separate copy, and once both copies are executed, the agreement becomes legally binding. This is a fairly standard practice in franchising and business contracts in general.
The FDD states, "IN WITNESS WHEREOF the parties hereto have executed, sealed and delivered this Agreement in counterparts on the day and year first above written." This clause appears in Item 22, indicating its importance in the contract's execution. This clause appears twice in the provided documentation.