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In the Fly Fitness franchise agreement, where does the franchisee sign and print their name and title?

Fly_Fitness Franchise · 2024 FDD

Answer from 2024 FDD Document

FRANCHISOR:
FLY FITNESS FRANCHISE, L.L.C.
By:
,
(Print Name, Title)
FRANCHISEE (Entity):
By:
,
(Print Name, Title)
FRANCHISEE (Principal):
(Print Name)
FRANCHISEE (Principal):
(Print Name)

Source: Item 22 — CONTRACTS (FDD pages 44–45)

What This Means (2024 FDD)

According to Fly Fitness's 2024 Franchise Disclosure Document, the franchisee signs and prints their name and title in multiple places within the franchise agreement. The document provides signature lines for both the franchisee entity and any principals involved.

Specifically, there are designated spaces for the franchisee (if an entity) to sign, print their name, and provide their title. Additionally, there are separate signature lines for each principal involved, where they must print their names. This indicates that Fly Fitness requires signatures from both the business entity and the individuals who own or control the entity, ensuring that all parties are legally bound by the agreement.

This requirement is standard practice in franchising, as it clarifies who is responsible for upholding the terms of the agreement. By having both the entity and its principals sign, Fly Fitness aims to create a legally sound contract that protects its interests and ensures franchisee compliance. Prospective franchisees should carefully review these sections of the agreement and understand their obligations before signing.

Disclaimer: This information is extracted from the 2024 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.