Does Checkersrallys allow for the execution of the addendum in counterparts?
Checkersrallys Franchise · 2025 FDDAnswer from 2025 FDD Document
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- Counterparts. This Addendum may be executed in one or more counterparts, each of which shall be deemed an original, but all of which taken together shall constitute one and the same instrument.
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- Electronic Signatures. The counterparts of this Addendum may be executed and signed by electronic signature by any of the Parties and delivered by electronic or digital communications to any other Party to this Agreement, and the receiving Party may rely on the receipt of such document so executed and delivered by electronic or digital communications signed by electronic signature as if the original has been received. For the purposes of this Addendum, electronic signature means, without limitation, an electronic act or acknowledgement (e.g., clicking an "I Accept" or similar button), sound, symbol (digitized signature block), or process attached to or logically associated with a record and executed or adopted by a person with the intent to sign the record.
Source: Item 22 — CONTRACTS (FDD pages 91–92)
What This Means (2025 FDD)
According to Checkersrallys's 2025 Franchise Disclosure Document, the addendum to the franchise agreement can be executed in counterparts. This means that the agreement does not need to be signed on a single document. Instead, each party can sign a separate copy of the same document, and these separate copies together constitute a fully executed agreement.
This flexibility is further enhanced by Checkersrallys's acceptance of electronic signatures on these counterparts. The FDD specifies that electronic signatures, including actions like clicking an "I Accept" button or using a digitized signature block, are considered valid. This allows for efficient and remote signing of the agreement, which can save time and resources for both the franchisor and the franchisee.
The inclusion of counterparts and electronic signatures is a fairly standard practice in modern franchising, as it streamlines the agreement process. For a prospective Checkersrallys franchisee, this means a potentially faster and more convenient way to finalize the franchise agreement, especially if the franchisee is not located near Checkersrallys's headquarters or if time is of the essence.