If the Release agreement for Dollar Rent A Car is executed in counterparts, how is it considered?

According to Dollar Rent A Car's 2025 Franchise Disclosure Document, the Release agreement can be executed in counterparts, potentially with signatures exchanged electronically. If this occurs, each counterpart, when combined with all other identical copies of the Release that are also signed in counterpart, is considered as a single, complete Release agreement.

This means that Dollar Rent A Car franchisees do not need all parties to sign the same physical document at the same time. Instead, different parties can sign different copies, and the collection of these copies forms the complete and legally binding agreement. This flexibility can be particularly useful when the parties are geographically separated or have difficulty coordinating schedules for a single signing event.

This clause aims to streamline the execution process, making it more efficient for all parties involved. However, it is crucial to ensure that all counterparts are identical to avoid any discrepancies or disputes about the terms of the agreement. Franchisees should carefully review all copies to confirm they are the same before signing.