What is the 'Title(s)' field intended to capture in the Big Air Trampoline Park acknowledgement?
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 Representat |
Source: Item 22 — CONTRACTS (FDD page 53)
What This Means (2025 FDD)
According to the 2025 Big Air Trampoline Park FDD, the 'Title' field in the acknowledgement is intended to capture the title of the franchisor and franchisee representatives signing the document. This ensures that the individuals signing on behalf of each party are identified by their official position within their respective organizations.
For a prospective Big Air Trampoline Park franchisee, this means that when signing the Franchise Agreement, Multi-Unit Development Agreement, or any related addenda, they and the Big Air Trampoline Park representative must clearly indicate their titles. This could be 'President', 'Franchisee', 'Owner', or any other relevant title that accurately reflects their authority to sign on behalf of their respective entity. This requirement helps to establish the legal standing of the signatures and confirms that the individuals signing have the authority to bind their organizations to the terms of the agreement.
In the broader context of franchising, requiring the title of the signatory is a standard practice. It provides clarity and accountability, reducing the potential for disputes regarding the validity of the agreement. By including the title, Big Air Trampoline Park ensures that there is a clear record of who signed the documents and what their role was at the time of signing, which can be important for legal and administrative purposes.