Can the Buona Area Development Agreement be signed using electronic signatures?

According to Buona's 2025 Franchise Disclosure Document, the Area Development Agreement can be signed using electronic signatures. Specifically, the FDD states that the agreement may be signed with full legal force and effect using electronic signatures and records. Furthermore, the document clarifies that delivering the agreement via facsimile, e-mail, or other functionally equivalent electronic means of transmission constitutes valid and effective delivery.

This means that prospective Buona developers are not required to physically sign and deliver the Area Development Agreement. They can use electronic signatures, which streamlines the signing process. This is particularly beneficial for developers who may be located far from Buona's headquarters or who prefer to conduct business remotely.

The provision for electronic signatures and delivery reflects a modern approach to contract execution, making the process more efficient and convenient for both Buona and its developers. It reduces the time and costs associated with traditional mail or courier services, and allows for quicker finalization of the agreement.

It is important for prospective developers to ensure that they use a reliable and legally recognized electronic signature method to avoid any potential issues with the validity of their signature. They should also retain a copy of the electronically signed agreement for their records.