If requested by Buona, what documentation must a signatory for the franchisee entity provide to demonstrate authority to sign the Franchise Agreement?

According to Buona's 2025 Franchise Disclosure Document, the person or persons signing the Franchise Agreement on behalf of the franchisee entity must warrant to Buona that they have the authority to sign the agreement. If Buona requests it, the entity signatory must promptly provide Buona with a certified copy of the resolution or other document authorizing the execution of the agreement. This document should also name the officers or other positions within the entity that are authorized to sign the agreement for the entity.

This requirement ensures that the individual signing the Franchise Agreement on behalf of the franchisee has the legal authority to do so, protecting Buona from potential disputes over the validity of the agreement. It is a standard practice in franchising to verify the signatory's authority, especially when the franchisee is a business entity rather than an individual.

For a prospective Buona franchisee, this means being prepared to provide the necessary documentation, such as a corporate resolution or partnership agreement, that clearly demonstrates the signatory's authority. This process helps to avoid any future legal challenges regarding the enforceability of the Franchise Agreement. Franchisees should ensure that their internal corporate documents are up-to-date and accurately reflect the authorized signatories for legal agreements.