For Embassy Suites, can the TSP Agreement be executed in multiple counterparts?
Embassy_Suites Franchise · 2025 FDDAnswer from 2025 FDD Document
Counterparts.
This TSP Agreement may be executed in one or more counterparts, each of which will constitute one and the same instrument.
The effective date ("Effective Date") will be the date signed by HSS.
Source: Item 23 — RECEIPTS (FDD pages 97–305)
What This Means (2025 FDD)
According to Embassy Suites' 2025 Franchise Disclosure Document, the Total Solution Program (TSP) Agreement can be executed in one or more counterparts. This means that the agreement does not need to be signed on a single, physical document. Instead, each party can sign a separate copy (counterpart) of the agreement, and all counterparts together will constitute a single, binding agreement.
This flexibility is common in modern business practices as it allows for easier and faster execution of agreements, especially when parties are geographically separated. Each signed counterpart is considered an original, and all counterparts, when taken together, form the complete agreement. This eliminates the need to circulate a single document among all parties for signature.
For a prospective Embassy Suites franchisee, this simplifies the signing process. The franchisee and Hilton Systems Solutions (HSS) can sign separate copies of the TSP Agreement and exchange them, rather than needing to coordinate the signing of a single document. The effective date of the TSP Agreement will be the date signed by HSS.