Who is required to date and sign the Floyds 99 Franchise Agreement on behalf of the Franchisor?
Floyds_99 Franchise · 2025 FDDAnswer from 2025 FDD Document
to revoke any authorization for funds transfer prior to the | | | termination of the applicable Franchise Agreement, without prior written consent of Franchisor; (3) that the | | | Bank cannot cancel this authorization without receiving written consent from Franchisor; and (4) that | | | termination of this authorization does not relieve Franchisee of its obligation to make payments to | | | Franchisor. | | | If Franchisee is an entity: | If Franchisee is one or more individuals: Signature | | By: | Signature | | Title: | | | Date: | |
EXHIBIT V TO FRANCHISE AGREEMENT
PERMIT, LICENSE AND CONSTRUCTION CERTIFICATION
| Floyd's 99 Franchising, LLC ("Franchisor") and Franchisee are parties to a Franchise Agreement | |
|---|---|
| dated, 20 for the development and operation of a FLOYD'S 99 Shop located at | |
| (the "Franchised Location"). In accordance | |
| with Section 5.7 of the Franchise Agreement, Franchisee certifies to the Franchisor that the Franchised | |
| Location complies with all applicable federal, state and local laws, statutes, codes, rules, regulations and | |
| standards including, but not limited to, the federal Americans with Disabilities Act and any similar state or | |
| local laws. The Franchisee has obtained all such permits and certifications as may be required for the lawful | |
| construction and operation of the FLOYD'S 99 Shop, together with all certifications from government | |
| authorities having jurisdiction over the site that all requirements for construction and operation have been | |
| met, including without limitation, zoning, access, sign, health, safety requirements, building and other | |
| required construction permits, licenses to do business and fictitious name registrations, sales tax permits, | |
| and installation of equipment at the Franchised Location. Franchisor may justifiably rely on the information contained in this certification. | health and sanitation permits and ratings and fire clearances. The Franchisee has obtained all customary contractors' sworn statements and partial and final lien waivers for construction, remodeling, decorating The Franchisee acknowledges that it is an independent contractor and that the requirement of this certification does not constitute ownership, control, leasing or operation of the Barbershop or the Franchised Location but rather provides notice to the Franchisor that the Franchisee has complied with all applicable laws. The Franchisee asserts that the FRANCHISEE: |
| Individually | |
| AND: | |
| (if a corporation, partnership or LLC) | |
| Company Name | |
| By: | |
| Title: |
EXHIBIT VI TO FRANCHISE AGREEMENT
CONSENT TO OPTION
The undersigned owners (who are not otherwise identified as owners in the Franchise Agreement) and their respective spouses, and the undersigned spouses of those owners identified in the Franchise Agreement, hereby consent to the provisions of Sections 18.4 and 20.3 of the Franchise Agreement and agree that any interest which he or she owns in the Franchise Agreement, in the business operated thereunder, or in Franchisee (whether a separate property interest, community property interest, joint ownership interest, or otherwise) will be subject to Franchisor's option to purchase or right of first refusal, as applicable, described in said Sections.
Source: Item 22 — CONTRACTS (FDD pages 57–58)
What This Means (2025 FDD)
Based on the 2025 Floyds 99 Franchise Disclosure Document, the excerpt provided does not specify which individual or position within Floyds 99 Franchising, LLC is required to sign the Franchise Agreement on behalf of the franchisor. The document does state that "Floyd's 99 Franchising, LLC ('Franchisor') and Franchisee are parties to a Franchise Agreement".
However, the FDD excerpt does outline the franchisee's responsibilities in the agreement. The franchisee must certify that the Franchised Location complies with all applicable laws and has obtained all necessary permits. The franchisee also confirms they are an independent contractor.
To clarify who is authorized to sign the Franchise Agreement on behalf of Floyds 99, a prospective franchisee should directly ask the franchisor for clarification. Understanding the signatory requirements is a standard part of due diligence before entering into a franchise agreement.