In the sample agreement, what parties are expected to sign the Christian Brothers Automotive agreement?

According to the 2025 Christian Brothers Automotive FDD, both Christian Brothers Automotive Corporation, identified as CBAC, and the franchisee are expected to sign the franchise agreement. This is explicitly stated in several exhibits and amendments included in the FDD. For instance, the general release agreement is made between CBAC and the franchisee.

Furthermore, amendments to the Disclosure Document and Franchise Agreement for states like New York, Minnesota, and Indiana also require signatures from both the franchisee and Christian Brothers Automotive Corporation. These amendments modify specific aspects of the agreement to comply with state laws, but the fundamental requirement for both parties to sign remains consistent.

In the context of a Transaction Fee Agreement, which covers the sale of an existing Christian Brothers Automotive business, both the franchisee (seller) and Christian Brothers Automotive Corporation must sign. This indicates that the franchisor's approval and agreement are necessary for the transfer of the franchise to a new owner. The inclusion of signature pages in various exhibits and amendments underscores the importance of both parties formally acknowledging and agreeing to the terms outlined in the franchise agreement and its related documents.

Prospective franchisees should note that these agreements and amendments are legally binding documents. It is crucial to carefully review all terms and conditions, seek legal counsel if needed, and fully understand the obligations and rights of both parties before signing any agreement with Christian Brothers Automotive.