Does Belocal consider facsimile signatures effective for the execution of the Transfer Agreement?

According to Belocal's 2025 Franchise Disclosure Document, facsimile signatures are considered effective for the execution of the Transfer Agreement. Specifically, the Transfer Agreement may be executed in multiple counterparts, each of which is considered an original when executed, and all of which together form one and the same instrument.

This means that for a Belocal franchisee, the convenience of using a faxed or digitally scanned signature is acceptable for legally binding documents related to transferring the franchise. This can expedite the transfer process, as original documents do not necessarily need to be physically mailed for signatures.

However, it's important to note that while Belocal accepts facsimile signatures, franchisees should still ensure compliance with any other requirements outlined in the Transfer Agreement or other related documents to ensure a smooth and legally sound transfer process.