For the Bonchon Virginia Addendum to the Franchise Agreement, are signatures via DocuSign, .PDF file, facsimile, or other electronic format considered to have the same force and effect as originals?
Bonchon Franchise · 2025 FDDAnswer from 2025 FDD Document
VIRGINIA ADDENDUM TO FRANCHISE AGREEMENT
Notwithstanding anything to the contrary set forth in the Franchise Agreement, the following provisions will supersede and apply:
-
- No statement, questionnaire, or acknowledgement signed or agreed to by a franchisee in connection with the commencement of the franchise relationship shall have the effect of (i) waiving any claims under any applicable state franchise law, including fraud in the inducement, or (ii) disclaiming reliance on any statement made by any franchisor, franchise seller, or other person acting on behalf of the franchisor. This provision supersedes any other term of any document executed in connection with the franchise.
-
- This Addendum may be executed in counterparts, which together shall constitute one and the same instrument. Signatures via DocuSign, .PDF file, facsimile, or other electronic format have the same force and effect as originals.
Source: Item 23 — RECEIPTS (FDD pages 92–536)
What This Means (2025 FDD)
According to Bonchon's 2025 Franchise Disclosure Document, the Virginia Addendum to the Franchise Agreement specifies that signatures via DocuSign, .PDF file, facsimile, or other electronic formats have the same legal validity as original signatures. This applies specifically to the Virginia Addendum to the Franchise Agreement. This provision ensures that franchisees and Bonchon can execute the addendum using modern electronic methods without needing physical signatures.
This clause simplifies the signing process, allowing for quicker and more efficient agreement on the terms outlined in the addendum. It reduces the administrative burden associated with printing, signing, and mailing physical documents. This is particularly beneficial for franchisees who may be located at a distance from Bonchon's headquarters or who prefer digital document management.
It is important to note that this provision is specific to the Virginia Addendum. While other state addenda may contain similar clauses, franchisees should verify the terms of the addendum applicable to their specific location. This ensures compliance with local regulations and understanding of the legal implications of electronic signatures in their jurisdiction.
This practice aligns with the increasing acceptance and legality of electronic signatures in business transactions. By explicitly stating the validity of electronic signatures, Bonchon provides clarity and reassurance to franchisees, facilitating smoother and more convenient agreement processes.