In the Aira Fitness Franchising LLC Addendum for South Dakota, what section of the Multi-Unit Development Agreement is amended regarding fees?
Aira_Fitness Franchise · 2025 FDDAnswer from 2025 FDD Document
LOPMENT AGREEMENT FOR THE STATE OF ILLINOIS
| This Addendum in Franchising, LLC | s to the Multi-Unit Developm | nent Agreement dated(Developer) to ame | , 20between Aira Fitness nd said Agreement as follows: |
|---|---|---|---|
| 1. | its initial obligations to fra | se/Development Fees will be defeanchisee, and franchisee has comment was imposed by the Office ocial condition. | nmenced doing business. This |
| 2. | conformance with Section franchise agreement that de | anchise Agreement and Multi-Uni 4 of the Illinois Franchise Disclesignates jurisdiction and venue in r, a franchise agreement may provi | osure Act, any provision in a n a forum outside of the State |
| 3. | Your rights upon Terminat 19 and 20 of the Illinois F | tion and Non-Renewal of an agree | ement are set forth in sections |
| 4. | In conformance with section stipulation or provision pu | on 41 of the Illinois Franchise Durporting to bind any person acquis Franchise Disclosure Act or any | uiring any franchise to waive |
| 5. No statement, questionna connection with the community waiving any claims und inducement, or (ii) disclaiseller, or other person acother term of any document. | re, or acknowledgment signed or encement of the franchise relations r any applicable state franchise ning reliance on any statement making on behalf of the franchisor. |
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 state of South Dakota addresses the deferral of franchise and development fees under certain conditions. Specifically, it states that initial franchise and development fees will be deferred until Aira Fitness has completed its initial obligations to the franchisee, and the franchisee has commenced business operations.
This deferral is contingent upon Aira Fitness fulfilling its obligations under the Franchise Agreement and the franchisee starting their business. The franchisor's financial condition also plays a role, as the deferral is based on Aira Fitness's financial capabilities.
This addendum also addresses statements made during the franchise commencement. It stipulates that no statement, questionnaire, or acknowledgment signed by the franchisee can waive claims under state franchise law, including fraud in the inducement, or disclaim reliance on statements made by the franchisor. This provision takes precedence over any conflicting terms in other documents related to the franchise agreement.