factual

Can the Fat Shack franchise agreement rider be executed in multiple counterparts?

Fat_Shack Franchise · 2025 FDD

Answer from 2025 FDD Document

8.13. This Development Agreement and any riders and addenda hereto may be executed in any number of identical counterparts and via electronic signatures, and each such counterpart shall be deemed a duplicate original hereof.

Source: Item 23 — Receipts (FDD pages 53–223)

What This Means (2025 FDD)

According to the 2025 Fat Shack Franchise Disclosure Document, the Development Agreement, along with any associated riders and addenda, can be executed in multiple identical counterparts. This means that the agreement does not require all parties to sign the same physical document. Each counterpart, whether a physical copy or an electronic signature, is considered an original.

This flexibility simplifies the signing process, especially when the parties are geographically separated. It allows Fat Shack and the franchisee to sign separate copies, which are then combined to form the complete, legally binding agreement. The use of electronic signatures further streamlines the process, reducing the need for physical paperwork and expediting the agreement's execution.

For a prospective Fat Shack franchisee, this clause offers convenience and efficiency. It eliminates potential delays associated with circulating a single document for signatures, making it easier to finalize the agreement and move forward with establishing their franchise. This is a fairly standard practice in franchising, as it accommodates the often geographically diverse locations of franchisors and franchisees.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.