In the Hydrodog franchise agreement, where does it state that the parties sign below intending to be bound?
Hydrodog Franchise · 2025 FDDAnswer from 2025 FDD Document
Intending to be legally bound, both parties sign and deliver this Agreement in duplicate, with each counterpart being considered an original. The Agreement will be effective as of the Agreement Date, regardless of the actual date of signature.
FRANCHISOR: LEGACY FRANCHISORS, LLC
Source: Item 23 — RECEIPTS (FDD pages 43–166)
What This Means (2025 FDD)
According to Hydrodog's 2025 Franchise Disclosure Document, the franchise agreement explicitly states the intent of both parties to be legally bound by signing and delivering the agreement. This declaration is included directly above the signature lines for both the franchisee and franchisor, Legacy Franchisors, LLC. The agreement is executed in duplicate, with each copy considered an original, ensuring both parties have identical legally binding documents. The agreement becomes effective as of the Agreement Date, regardless of when the signatures are actually affixed.
This clause is standard in franchise agreements to clarify that the signatures indicate a genuine commitment to the terms and conditions outlined in the document. By signing, the franchisee acknowledges their understanding and acceptance of the obligations and responsibilities detailed within the agreement. Similarly, Legacy Franchisors, LLC, commits to upholding their end of the agreement, providing the support and resources necessary for the franchisee to operate their Hydrodog business.
The inclusion of this clause helps to prevent future disputes regarding the enforceability of the agreement. It reinforces that both parties entered into the agreement willingly and with the intention of creating a legally binding contract. This is a crucial element in establishing a clear and mutually understood business relationship between Hydrodog and its franchisees.
Prospective Hydrodog franchisees should carefully review the entire franchise agreement, including this clause, to fully understand their rights and obligations. Consulting with a legal professional is advisable to ensure a complete understanding of the agreement's terms before signing.