What is the effective date of the instrument that the undersigned execute and deliver for Face Foundrie?

According to the 2025 Face Foundrie Franchise Disclosure Document, the instrument that the undersigned execute is effective as of the date of the Franchise Agreement. Specifically, the agreement is executed under seal as of the Effective Date. This means that all terms, conditions, and obligations outlined in the agreement become legally binding on both Face Foundrie and the franchisee from that date forward.

For a prospective Face Foundrie franchisee, this means that the "Effective Date" is a critical point in time. It marks the commencement of the franchise relationship and triggers various responsibilities, such as adhering to Face Foundrie's operational standards, making required payments, and upholding the brand's reputation. It is also the date from which certain timelines and deadlines within the agreement are calculated.

Furthermore, any guarantees, indemnifications, and acknowledgments provided by the franchisee or related parties (such as guarantors) also become effective as of this date. These provisions ensure that Face Foundrie is protected against potential losses or liabilities arising from the franchisee's actions or inactions. Therefore, it is crucial for franchisees to fully understand their obligations and potential liabilities from the moment the agreement takes effect.

In summary, the effective date signifies the start of the legal relationship between Face Foundrie and the franchisee, making it essential to carefully review and comprehend all aspects of the Franchise Agreement before execution.