Does the Focus Cfo franchise agreement allow for electronic signatures?
Focus_Cfo Franchise · 2025 FDDAnswer from 2025 FDD Document
- 16.10. Execution of Franchise Agreement. Execution and delivery of this Agreement and any amendments shall be legally valid and effective through: (i) hand-delivery; (ii) electronic mail in "portable document format" ('.pdf") or any other electronically scanned format; or (iii) use of an electronic document execution and delivery process (i.e., DocuSign®). This Agreement may be executed in multiple counterparts and Franchisor and Franchisee may execute any such counterpart, each of which when executed and delivered shall be deemed to be an original and all of which counterparts taken together shall constitute but one and the same instrument.
Source: Item 23 — Receipts (FDD pages 37–126)
What This Means (2025 FDD)
According to the 2025 Focus Cfo Franchise Disclosure Document, the franchise agreement and any amendments can be executed and delivered through various methods, including electronic means. This provides flexibility and convenience for both Focus Cfo and the franchisee during the agreement process.
Specifically, the agreement can be executed via (i) hand-delivery, (ii) electronic mail in '.pdf' format or any other electronically scanned format, or (iii) through an electronic document execution and delivery process like DocuSign®. This indicates that Focus Cfo embraces modern methods of document handling, which can expedite the signing process and reduce administrative overhead.
Additionally, the Focus Cfo franchise agreement can be executed in multiple counterparts, meaning that the franchisor and franchisee can sign separate copies of the agreement, which are then combined to form a single, complete document. Each counterpart is considered an original, and all counterparts taken together constitute the same instrument. This is a common legal practice that simplifies the execution process when parties are not physically present in the same location.