For Dollar Rent A Car, can the Addendum be signed in counterparts?

According to the 2025 Dollar Rent A Car Franchise Disclosure Document, the Multiple-Brand Franchising Addendum can be signed in counterparts. This means that the parties to the Addendum do not have to sign the same physical document. Instead, each party can sign a separate copy, and all the signed copies together constitute the complete and binding agreement.

This flexibility is common in modern business transactions, as it allows parties in different locations to sign the agreement without having to physically meet or exchange a single document. It streamlines the execution process, especially when dealing with multiple parties or parties located in different geographic locations. The addendum becomes effective once all parties have signed their respective counterparts, with the effective date being the date initially written on the agreement.

Specifically, the FDD states that the addendum becomes effective upon execution by all parties, but the effective date remains the date first written on the document, regardless of when each party actually signs. This ensures that all parties are bound by the same terms from the same date, even if the signatures are collected at different times or locations.

This ability to sign in counterparts simplifies the process of finalizing the Multiple-Brand Franchising Addendum for Dollar Rent A Car franchisees, making it more convenient for all parties involved to complete the agreement.