Who must execute the Beyond Juicery Eatery agreement for it to become effective?
Beyond_Juicery_Eatery Franchise · 2025 FDDAnswer from 2025 FDD Document
24.05 This Agreement will become effective only upon execution hereof by an officer of ours.
24.06 You shall not use the words "Beyond Juicery + Eatery," or any part thereof, as part of your corporate or other name.
24.07 You and each Principal Owner acknowledge that each has received a complete copy of this Agreement, the documents referred to herein and the Exhibits hereto at least seven (7) days prior to the date on which this Agreement was executed.
You and each Principal Owner further acknowledge that each has received the Franchise Disclosure Document at least fourteen (14) days prior to the date on which this Agreement was executed.
- 24.08 You and each Principal Owner, jointly and severally, personally guarantee your performance of your obligations under this Agreement and must execute the form of Guaranty attached as Exhibit E to the Franchise Disclosure Document.
Source: Item 23 — RECEIPTS (FDD pages 60–337)
What This Means (2025 FDD)
According to the 2025 Beyond Juicery Eatery Franchise Disclosure Document, the franchise agreement becomes effective only when an officer of Beyond Juicery Eatery executes it. This means that even after a franchisee signs the agreement, it is not legally binding until it is also signed by an authorized officer of the company.
This requirement ensures that Beyond Juicery Eatery has officially committed to the franchise relationship. It protects both the franchisee and the franchisor by establishing a clear point at which the agreement comes into force. Until the agreement is executed by an officer of Beyond Juicery Eatery, the company retains the right to decline the franchise.
Furthermore, the FDD states that the franchisee and each principal owner must also execute a form of guaranty, ensuring their commitment to fulfilling the obligations outlined in the agreement. This dual requirement of execution by both the franchisee (and their principal owners) and an officer of Beyond Juicery Eatery underscores the mutual agreement necessary for a franchise to be valid and enforceable.