What information must the Guarantor(s) provide when signing the Checkers Franchise Agreement?
Checkers Franchise · 2025 FDDAnswer from 2025 FDD Document
CHECKERS DRIVE-IN RESTAURANTS, INC., a Delaware corporation · · · · · · · · · · · · · · · · · · If a corporation, limited liability company or partnership: Print Name: (Name of corporation, limited liability company or partnership) *Effective Date: Print Name: D Print Name: 11tie Print Name: Print Name: If individuals: (Signature) (Print Name) (Signature) (Print Name) (Signature) (Print Name)
Source: Item 22 — CONTRACTS (FDD pages 91–92)
What This Means (2025 FDD)
Based on the 2025 Checkers Franchise Disclosure Document, if the franchisee is a corporation, limited liability company, or partnership, the name of the entity must be printed on the signature line. If the franchisee is an individual, their signature and printed name must be provided.
This requirement ensures clarity regarding who is entering into the agreement. For corporations, LLCs, or partnerships, it establishes the legal entity responsible for the franchise obligations. For individuals, it identifies the specific person bound by the agreement.
This is a standard practice in franchising, as franchisors need to clearly identify the legal entity or individual responsible for fulfilling the terms of the franchise agreement. This information is crucial for legal and contractual purposes, ensuring that all parties understand their obligations and rights under the agreement.