What exhibit contains the form for the lease rider for an Aerus franchise?
Aerus Franchise · 2025 FDDAnswer from 2025 FDD Document
I received a franchise disclosure document dated May 15, 2025 that included the following exhibits:
State Addenda (California, Illinois, Maryland, Minnesota, New York, North Dakota, South Dakota, Virginia, Washington, Wisconsin)
Exhibit 1 – Financial Statements
Exhibit 2(a) – Franchise Agreement (Standard Program), Lease Rider, Software License Agreement and Consigned Products Security Agreement
Exhibit 2(b) – Franchise Agreement (Associate Program), Lease Rider, Software License Agreement and Consigned Products Security Agreement
Exhibit 2(c) – Beyond Addendum
Exhibit 3 – Secured Promissory Note, Security Agreement and Guaranty
Exhibit 4 – List of State Administrators
Exhibit 5 – List of Agents for Service of Process
Exhibit 6 – List of Aerus Businesses and List of Aerus Businesses Who Have Left the System
Exhibit 7 – Commitment Letter
Exhibit 8 – Manual Table of Contents
Source: Item 23 — Receipts (FDD pages 74–305)
What This Means (2025 FDD)
According to the 2025 Aerus Franchise Disclosure Document, the form for the lease rider is included in multiple exhibits depending on the franchise program. Specifically, Exhibit 2(a) contains the lease rider form for the Standard Program, while Exhibit 2(b) includes the lease rider form for the Associate Program.
This means that prospective Aerus franchisees should refer to the correct exhibit based on the specific franchise program they are considering. The lease rider is a crucial document that outlines the terms and conditions under which the franchisee will lease the business premises. It is designed to protect the interests of Aerus Franchising, LLC, the franchisee, and the landlord.
The lease rider ensures that the lease agreement aligns with the requirements of the franchise agreement. It covers aspects such as the use of the premises for operating an Aerus business, adherence to Aerus's brand standards, and the franchisor's rights in case of a default or termination of the franchise agreement. Franchisees must ensure that the lease for their Approved Location includes a lease rider in a form substantially similar to the one provided in the relevant exhibit.
It is important for potential Aerus franchisees to carefully review the lease rider and understand its implications before signing any lease agreement. Consulting with a legal professional is advisable to ensure that the lease terms are favorable and compliant with local laws and regulations. The franchisee is responsible for making all necessary county and state assumed name filings and providing evidence of such filings to Aerus.