What is the purpose of the signature page in the Checkers Franchise Agreement?
Checkers Franchise · 2025 FDDAnswer from 2025 FDD Document
IN WITNESS WHEREOF, the parties have executed and delivered this Agreement on the day and year first above written.
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)
According to the 2025 Checkers Franchise Disclosure Document, the signature page serves as formal acknowledgement that both Checkers and the franchisee agree to the terms and conditions outlined in the franchise agreement. By signing, both parties confirm their intent to be legally bound by the contract. The signature page includes spaces for the names and signatures of authorized representatives from Checkers and the franchisee, along with the effective date of the agreement. This signifies the completion of the agreement and its entry into force.
Checkers also uses signature pages for addenda to the franchise agreement. These addenda may cover various aspects such as growth incentives, Vet Fran incentives, or incentives for women business owners. Each addendum requires a separate signature page to confirm that both parties agree to the specific terms of that addendum. This ensures that any modifications or additions to the original franchise agreement are formally acknowledged and legally binding.
The FDD also specifies that agreements and addenda can be executed and signed electronically. This allows for flexibility in the signing process, as electronic signatures are considered as valid as original signatures. The electronic signature can include actions like clicking an "I Accept" button or using a digitized signature block. This modern approach to signing documents streamlines the process while maintaining legal validity.
The inclusion of signature pages in both the main franchise agreement and any addenda is a standard practice in franchising. It provides a clear record of mutual consent and understanding, which is essential for enforcing the terms of the agreement and resolving any potential disputes. Prospective Checkers franchisees should carefully review all documents before signing to ensure they fully understand their rights and obligations.