What is the required action for the undersigned to validate the Checkers Franchise Agreement?
Checkers Franchise · 2025 FDDAnswer from 2025 FDD Document
IN WITNESS THEREOF, each of the undersigned has hereunto affixed his signature, under seal, on the same day and year as the Agreement was executed.
Source: Item 22 — CONTRACTS (FDD pages 91–92)
What This Means (2025 FDD)
According to Checkers' 2025 Franchise Disclosure Document, to validate the Franchise Agreement, each party must affix their signature under seal. This action signifies that the parties have executed and delivered the agreement on the specified date. For corporations, limited liability companies, or partnerships, the printed name of the entity and the signature of an authorized individual are required. For individuals, their signatures and printed names are necessary to validate the agreement. Checkers also allows for electronic signatures, including electronic acts, sounds, symbols, or processes attached to a record, provided they are executed with the intent to sign the record.
This requirement ensures that all parties involved formally acknowledge and agree to the terms and conditions outlined in the Franchise Agreement. By signing the document, franchisees and Checkers both demonstrate their commitment to fulfilling their respective obligations. The inclusion of electronic signatures provides flexibility in the execution process, accommodating modern business practices while maintaining legal validity.
Prospective franchisees should ensure they carefully review all sections of the Franchise Agreement before signing, as this act legally binds them to the terms outlined. It is advisable to seek legal counsel to fully understand the implications of the agreement and ensure compliance with all requirements. The signature serves as a confirmation that the franchisee has received, understood, and agreed to the terms presented in the Franchise Disclosure Document and the Franchise Agreement.