factual

Does the Bananas Smoothies Frozen Yogurt sublease agreement allow for signing in counterparts?

Bananas_Smoothies_Frozen_Yogurt Franchise · 2025 FDD

Answer from 2025 FDD Document

A facsimile signature, including photocopied, faxed and electronically transmitted (such as PDF) copies of a signature, is binding to the same extent as an original signature and shall be deemed an original signature with regard to this Deposit Agreement and all Riders and any Amendments hereto. The parties further agree that this Deposit Agreement may be executed electronically by any means Everything Yogurt

Source: Item 23 — RECEIPT (FDD pages 58–231)

What This Means (2025 FDD)

According to the 2025 Bananas Smoothies Frozen Yogurt FDD, a facsimile signature, including photocopied, faxed, and electronically transmitted copies such as PDF, is binding to the same extent as an original signature. This applies to the Deposit Agreement, Riders, and any Amendments. The agreement can be executed electronically by any means Bananas Smoothies Frozen Yogurt chooses. If an electronic signature is used, it holds the same weight as an original signature for the Deposit Agreement, Riders, Amendments, or Addenda. You cannot challenge the electronic signature's validity or authenticity simply because it is not the original. This indicates that the Bananas Smoothies Frozen Yogurt agreement allows for various forms of electronic and facsimile signatures, treating them as equivalent to original signatures, which streamlines the signing process.

This clause simplifies the process of signing agreements, as it allows for the use of modern technology to expedite document execution. For a prospective Bananas Smoothies Frozen Yogurt franchisee, this means they can finalize agreements more quickly, regardless of their physical location or the location of Bananas Smoothies Frozen Yogurt. The acceptance of electronic and faxed signatures reduces the need for physical document handling and mailing, saving time and resources.

However, it is important for the franchisee to ensure that they have the necessary technology and security measures in place to properly execute and store these electronic documents. Additionally, while Bananas Smoothies Frozen Yogurt accepts these forms of signatures, it is crucial to verify that any other parties involved in related agreements, such as landlords or suppliers, also accept these signature methods to avoid any potential complications.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.