What is the legal definition of 'executed' as it pertains to the Big Air Trampoline Park document?
Big_Air_Trampoline_Park Franchise · 2025 FDDAnswer from 2025 FDD Document
rtificate verifies only the identity of the individual who signed the document to which this certificate is attached, and not the truthfullness, accuracy or validity of that document.
| Personally appeared Kristin L. Salazar Name and of Numes and Williams and Williams and Williams and Williams and Williams and Williams and Williams and Williams and Williams and Williams and williams and williams and exhonwledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument. Certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. Witness my hand and official seal. Signature Accept Public Septimbre OPTIONAL Though the information below is not required by law, it may prove valuable to the persons relying on the document and could prevent traudulent removal and reattachment of this form to another document. Description of Attached Document Title or Type of Document Document Date Number of Pages: Individual Corporate Officer — Title(s): Page 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan 18 Jan | State of | | } | | | | |--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Source: Item 22 — CONTRACTS (FDD page 53)
What This Means (2025 FDD)
According to the 2025 Big Air Trampoline Park Franchise Disclosure Document, the definition of 'executed' is demonstrated in an excerpt from Item 22, Contracts, through an acknowledgment. This acknowledgment confirms that an individual, acting in their authorized capacity, has signed the document on behalf of themselves or the entity they represent, thereby executing the instrument. This process is certified under penalty of perjury under California law, affirming the truth and correctness of the signature.
For a prospective Big Air Trampoline Park franchisee, this means that when signing legal documents such as the Franchise Agreement, Multi-Unit Development Agreement, or any related contracts, they are confirming their agreement to the terms and conditions outlined within. The signature signifies that the person signing has the authority to bind the franchisee to the agreement. The acknowledgment process, especially the certification under penalty of perjury, underscores the seriousness and legal weight of the signature.
This acknowledgment process is a standard legal practice to ensure the validity and enforceability of contracts. It protects both Big Air Trampoline Park and the franchisee by providing a clear record that the agreement was entered into knowingly and willingly by authorized parties. Franchisees should be aware of the implications of their signature and ensure they fully understand the documents before signing, as they will be held accountable for the obligations outlined within.