factual

Besides the modifications explicitly stated in the Aira Fitness Multi-Unit Development Agreement addendum for Virginia, what is the status of the original Multi-Unit Development Agreement?

Aira_Fitness Franchise · 2025 FDD

Answer from 2025 FDD Document

ENT AGREEMENT FOR THE STATE OF SOUTH DAKOTA

This ac Agreement is by and between Aira Fitness Franchising LLC (Company) and (Franchisee) to amend said Agreement as follows:
1. Section 2 of the Multi-Unit Developm ent Agreement on "Fees" is amended by the addition of the following:
Notwithstanding the language in Secti Aira Fitness franchises is open for l on 2, payment of the development fee is deferred until each of Developer's business.
Except as expressly modified hereby, thordance with its terms.

Source: Item 17 — **RENEWAL, TERMINATION,TRANSFER AND DISPUTE RESOLUTION THE FRANCHISE RELATIONSHIP (FDD pages 48–54)

What This Means (2025 FDD)

According to Aira Fitness's 2025 Franchise Disclosure Document, the addendum to the Multi-Unit Development Agreement for the Commonwealth of Virginia states that except for the modifications explicitly outlined in the addendum itself, the original Multi-Unit Development Agreement remains in full force and effect, and should be interpreted in accordance with its original terms. This means that all provisions of the original agreement, including obligations, responsibilities, and rights, continue to apply unless specifically altered by the addendum.

This clause ensures that the core contractual relationship between Aira Fitness and the developer remains consistent, providing a stable foundation while accommodating any necessary state-specific adjustments. It prevents any unintended consequences or interpretations that might arise from the addendum affecting other parts of the agreement.

For a prospective Aira Fitness multi-unit developer in Virginia, this means they should carefully review both the original Multi-Unit Development Agreement and the Virginia addendum to fully understand their obligations and rights. The addendum only carves out specific exceptions, leaving the rest of the original agreement intact. It is important to understand how the two documents work together.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.