factual

Does Bang Cookies allow for electronic execution of the Franchise Agreement?

Bang_Cookies Franchise · 2024 FDD

Answer from 2024 FDD Document

18.W. COUNTERPARTS, ELECTRONIC SIGNATURES, AND MULTIPLE COPIES

This Agreement may be executed electronically. This Agreement may be executed in counterparts, all of which counterparts shall be deemed originals and taken together shall constitute a single agreement. Executed electronic or print duplicates of this Agreement, if any, and their respective signatures shall be

Source: Item 23 — RECEIPTS (FDD pages 56–245)

What This Means (2024 FDD)

According to Bang Cookies' 2024 Franchise Disclosure Document, the Franchise Agreement may be executed electronically. Additionally, the agreement may be executed in counterparts, meaning that the parties can sign different copies of the same document, which together will be considered a single agreement. Bang Cookies also states that executed electronic or print duplicates of the agreement and their respective signatures shall be considered valid.

This indicates that Bang Cookies permits franchisees to sign the agreement through electronic means, offering flexibility in the execution process. This can streamline the process and reduce the need for in-person meetings or physical document exchange.

For prospective franchisees, this allowance simplifies the signing process, especially for those located at a distance from Bang Cookies' headquarters. It is important to ensure that any electronic signature method used complies with applicable laws and regulations regarding electronic signatures to ensure the agreement's enforceability.

Disclaimer: This information is extracted from the 2024 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.