In the Coffee News agreement, what roles are designated for individuals to sign as witnesses?
Coffee_News Franchise · 2025 FDDAnswer from 2025 FDD Document
| IN WITNESS THEREOF the year first above written. | e parties have signed this Agreement on the day and |
|---|---|
| FRANCHISOR: | |
| WITNESS: | Coffee News USA, Inc. 120 Linden St. BANGOR, ME 04401 |
| ByWITNESS: President | - |
| William A. Buckley, Its FRANCHISEE: | |
| WITNESS: | Ву |
| WITNESS: | Ву |
Source: Item 23 — Receipts (FDD pages 36–118)
What This Means (2025 FDD)
According to Coffee News's 2025 Franchise Disclosure Document, the agreement includes signature lines for witnesses for both the Franchisor and the Franchisee. Specifically, the Franchisor, Coffee News USA, Inc., has a signature line for its President, William A. Buckley, and two lines for witnesses. The Franchisee also has two lines designated for witnesses.
This indicates that the Coffee News franchise agreement requires signatures to be witnessed, adding a layer of verification to the signing process. Having witnesses present can help ensure that all parties are entering into the agreement knowingly and willingly. It is a fairly standard practice to have signatures witnessed on legal documents such as franchise agreements.
A prospective Coffee News franchisee should ensure that they understand the implications of having their signature witnessed and should choose their witnesses carefully. It is also important to note that the FDD does not specify any particular requirements or qualifications for the witnesses, so it would be prudent for a prospective franchisee to seek clarification from Coffee News regarding any specific criteria for acceptable witnesses.