What signatures are required on this addendum to the Big Apple Bagels franchise agreement?
Big_Apple_Bagels Franchise · 2025 FDDAnswer from 2025 FDD Document
| Franchisor: | Franchisee: |
|---|---|
| BAB SYSTEMS, INC. | Corporate/LLC Signature: |
| an Illinois corporation | a corporation/LLC |
| By: | By: |
| Title: Date Accepted: | Title: Date Accepted: |
| Individual Signatures: | |
Source: Item 23 — RECEIPTS (FDD pages 87–319)
What This Means (2025 FDD)
According to the 2025 Big Apple Bagels Franchise Disclosure Document, the addendum to the franchise agreement requires signatures from both the franchisor, BAB Systems, Inc., and the franchisee. Specifically, BAB Systems, Inc., as an Illinois corporation, must sign, along with a title and date of acceptance. The franchisee, whether a corporation, LLC, or an individual, must also provide a signature, title, and date of acceptance. If the franchisee is a corporation or LLC, a corporate/LLC signature is required. In addition to the corporate/LLC signature, individual signatures are also required from the franchisee.
This dual signature requirement ensures that both parties acknowledge, understand, and consent to the terms outlined in the addendum, making the agreement legally binding. This is a standard practice in franchising to protect the interests of both the franchisor and the franchisee. The inclusion of titles and dates further validates the authorization and timing of the agreement.
Prospective Big Apple Bagels franchisees should pay close attention to the signature requirements to ensure full compliance and avoid any potential disputes arising from incomplete or incorrect documentation. Ensuring that all required signatures, titles, and dates are accurately provided is a critical step in finalizing the franchise agreement and any subsequent addenda.