Who must attest to the Gold Star Chili Franchise Agreement addendum if the franchisee is an individual or proprietorship?
Gold_Star Franchise · 2025 FDDAnswer from 2025 FDD Document
AS WITNESS the hands of the duly authorized representatives of the parties hereto as of the date of execution by Gold Star Chili, Inc. set forth below.
ATTEST: FRANCHISEE (if a corporation, limited liability company or partnership): (Name of corporate or partnership franshisee) (if an individual, individuals or proprietorship): ATTEST: GOLD STAR CHILI, INC.
Source: Item 23 — Receipts (FDD pages 53–163)
What This Means (2025 FDD)
According to Gold Star's 2025 Franchise Disclosure Document, the signature page of the franchise agreement addendum requires attestation by Gold Star Chili, Inc. if the franchisee is an individual or proprietorship. This indicates that an authorized representative of Gold Star must witness and confirm the franchisee's signature on the agreement.
This attestation serves as a formal acknowledgment by Gold Star that the franchisee has entered into the agreement. It helps ensure the validity and enforceability of the contract.
Prospective franchisees should ensure that the attestation is properly completed by Gold Star's representative when signing the franchise agreement. This step is crucial for the agreement to be considered fully executed and binding.