Can the agreement for a Moes Southwest Grill franchise be executed in multiple counterparts?
Moes_Southwest_Grill Franchise · 2025 FDDAnswer from 2025 FDD Document
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Counterparts.
This Agreement may be executed in one or more counterparts, each of which shall be deemed to be an original, but all of which together shall constitute one and the same agreement.
Source: Item 22 — Contracts (FDD page 92)
What This Means (2025 FDD)
Yes, according to Moe's Southwest Grill's 2025 Franchise Disclosure Document, the Franchise Agreement can be executed in multiple counterparts. This means that the agreement does not need to be signed on a single, physical document. Instead, the agreement can be signed in separate copies, or "counterparts", which, when taken together, constitute a single, complete agreement.
This flexibility is common in modern business practices, as it allows parties in different locations to sign the agreement without needing to physically exchange the same document. Each signed counterpart is considered an original, and all counterparts together form the complete agreement. This can expedite the signing process and make it more convenient for all parties involved.
For a prospective Moe's Southwest Grill franchisee, this means that the signing process can be more efficient. The franchisee and Moe's Franchisor SPV LLC can sign separate copies of the agreement and exchange them electronically or by mail, rather than needing to coordinate a single signing event or send the same document back and forth. This clause simplifies logistics and allows the franchise process to move forward more quickly.