In the Dermani Medspa Addendum, what information is required next to the Franchisor's signature?
Dermani_Medspa Franchise · 2025 FDDAnswer from 2025 FDD Document
| signs below. | IN WITNESS WHEREOF, the undersigned have executed this Addendum as of the date Franchisor |
|---|---|
| FRANCHISOR: | FRANCHISEE: |
| dermani MEDSPA® Franchising LLC | |
| By: Its: | By: Its: |
Source: Item 23 — RECEIPTS (FDD pages 66–311)
What This Means (2025 FDD)
According to Dermani Medspa's 2025 Franchise Disclosure Document, the Addendum signature line for the Franchisor, Dermani Medspa Franchising LLC, requires specification of the signing party's title, indicated by "Its:". This signifies that an authorized representative of Dermani Medspa Franchising LLC must sign the document and clearly state their official position within the company.
For a prospective Dermani Medspa franchisee, this detail is crucial because it ensures that the Addendum is executed by someone with the legal authority to bind the franchisor. Without proper authorization, the validity and enforceability of the Addendum could be questionable. It is a standard business practice to confirm that the person signing on behalf of a company has the appropriate authority.
This requirement helps protect both Dermani Medspa and the franchisee by ensuring accountability and clarity regarding who is authorized to make agreements on behalf of the company. Franchisees should always verify the signatory's position to ensure the document's legitimacy and to avoid potential legal complications in the future.