Can the Bambu franchise agreement be executed in counterparts?
Bambu Franchise · 2025 FDDAnswer from 2025 FDD Document
| 16. | Counterparts; Electronic Signatures. This Agreement may be executed in counterparts | |
|---|---|---|
| and via electronic signatures. | The parties have signed this Agreement on | |
| BAMBU: | FRANCHISEE: | |
| BAMBU FRANCHISING LLC, a Colorado limited liability company | a | |
| By: | By: | |
| Its: | Its: ASSOCIATE: Print Name: |
Source: Item 23 — Receipts (FDD pages 52–209)
What This Means (2025 FDD)
According to Bambu's 2025 Franchise Disclosure Document, the franchise agreement may be executed in counterparts. This means that each party can sign a separate copy of the agreement, and all signed copies together constitute the complete and binding agreement. This practice simplifies the signing process, especially when the parties are geographically separated.
Additionally, the agreement can be executed via electronic signatures. This offers further convenience, allowing for remote signing and faster processing of the franchise agreement. Electronic signatures are legally binding and eliminate the need for physical documents.
The FDD also includes signature blocks for both Bambu Franchising LLC and the franchisee, indicating where each party will sign. This section also includes a space for the franchisee to print their name, ensuring clarity and proper identification of the signing parties.