Can the Bonchon Addendum be executed in counterparts?
Bonchon Franchise · 2025 FDDAnswer from 2025 FDD Document
constitute one and the same instrument. Signatures via DocuSign, .PDF file, facsimile, or other electronic format have the same force and effect as originals.
[Signature page follows.]
| | expenditures | |---|---| | on television, radio, newspaper, magazines, out of home, posters, banners, brochure, direct mail, | | | social media platforms such as Facebook, Instagram, yelp, and other digital platforms. | | [Signature Page – California Addendum to Bonchon Franchise Agreement]
HAWAII ADDENDUM TO FRANCHISE AGREEMENT
Source: Item 23 — RECEIPTS (FDD pages 92–536)
What This Means (2025 FDD)
According to Bonchon's 2025 Franchise Disclosure Document, the Hawaii and Illinois Addenda to the Franchise Agreement can be executed in counterparts. This means that the addendum does not need to be signed on one single document; instead, each party can sign separate copies, and these copies together will be considered a single, complete agreement.
Furthermore, the addenda state that signatures via DocuSign, PDF file, facsimile, or other electronic format have the same legal force and effect as original signatures. This provides flexibility and convenience in the execution process, allowing for quicker and more efficient agreement finalization.
This is a fairly standard practice in modern franchising, as it streamlines the signing process, especially when parties are geographically separated. Prospective Bonchon franchisees should ensure they understand the specific addendum applicable to their state and confirm that all executed counterparts are properly collected and stored for record-keeping purposes.