In the Big Air Trampoline Park Addendum acknowledgement, what signatures are required?
Big_Air_Trampoline_Park Franchise · 2025 FDDAnswer from 2025 FDD Document
| The undersigned parties to hereby acknowledge receipt of this Addendum. | |
|---|---|
| Dated | |
| Signature of Franchisor Representative | Signature of Franchisee Representative |
| Title of Franchisor Representative | Title of Franchisee Representative [remainder of page blank; Surety Bond on following page] |
Source: Item 22 — CONTRACTS (FDD page 53)
What This Means (2025 FDD)
According to the 2025 Big Air Trampoline Park FDD, the addendum acknowledgement requires the signatures of both the Franchisor Representative and the Franchisee Representative. In addition to the signatures, the date must be entered, and the titles of both representatives must be provided.
This acknowledgement confirms that both parties have received and understand the addendum. This is a standard practice in franchising to ensure that all parties are aware of any state-specific laws or modifications to the standard franchise agreement.
Prospective franchisees should carefully review the addendum and ensure they understand its contents before signing. If there are any questions or concerns, they should seek legal counsel to ensure they fully understand their rights and obligations.