What is the purpose of the Face Foundrie signature block?
Face_Foundrie Franchise · 2025 FDDAnswer from 2025 FDD Document
[Signature page follows.]
WITH THIS FRANCHISE OPPORTUNITY TO THE FRANCHISOR'S SATISFACTION, CAN RESULT
IN YOUR FRANCHISE BEING TERMINATED AND LOSS OF YOUR INVESTMENT.
IN WITNESS WHEREOF, each of the undersigned has executed this Agreement under seal as of the Effective Date.
FACE FOUNDRIÉ (IF ENTITY): FRANCHISING L.L.C. [Name] By: Name: Title: Date: (IF INDIVIDUALS): [Signature] [Print Name] [Signature] [Print Name] Date:
Source: Item 22 — CONTRACTS (FDD pages 73–74)
What This Means (2025 FDD)
According to the 2025 Face Foundrie Franchise Disclosure Document, the signature block in the franchise agreement serves as formal acknowledgement and execution of the agreement by both Face Foundrie Franchising L.L.C. and the franchisee. It confirms that both parties agree to the terms and conditions outlined in the document. The signature indicates a legally binding commitment to the franchise agreement as of the effective date specified. The FDD provides a template for the signature block, showing where the franchisor and franchisee (whether an entity or individual) must sign and provide their name, title, and date.
The signature page includes specific instructions regarding who should sign and how they should identify themselves (e.g., as a corporation, partnership, or individual). This ensures that the agreement is properly executed by authorized representatives of each party. The inclusion of printed names alongside signatures helps to avoid ambiguity and ensures clarity regarding the identities of the individuals signing the document. The signature block is a standard component of legal contracts, providing a clear record of agreement and intent to be bound by the terms of the contract.
Furthermore, the Franchisee Acknowledgement section emphasizes the importance of honest responses to questions regarding any unauthorized statements or promises made during the franchise sales process. This acknowledgement is designed to protect both Face Foundrie and the franchisee by ensuring transparency and understanding of the agreement's limitations. However, it is important to note that this acknowledgement should not be signed if the franchise is to be operated in, or the franchisee is a resident of, Maryland, or if the offer or sale of the franchise is subject to state franchise registration/disclosure laws in certain states, including California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Rhode Island, South Dakota, Virginia, Washington, or Wisconsin.