In the Baymont Inn Suites Franchise Agreement, what is the significance of the date '20'?
Baymont_Inn_Suites Franchise · 2025 FDDAnswer from 2025 FDD Document
ment for the State of Minnesota.
IN WITNESS WHEREOF, the undersigned have executed this Addendum as of the date set forth above.
US: BAYMONT FRANCHISE SYSTEMS, INC. YOU:
ADDENDUM TO THE FRANCHISE AGREEMENT PURSUANT TO THE NEW YORK GENERAL BUSINESS LAW
| This Addendum to the Franchise Agreement by and between BAYMONT FRANCHISE SYSTEMS, INC. ("we," "our," or "us") and ("you") is dated, 20 |
|---|
| The following provisions supersede and control any conflicting provisions of the Franchise |
| Agreement: |
| 1. |
| Section 9.3 is amended by adding the following statement immediately after the first sentence |
| of such Section: |
| However, all rights you enjoy and any causes of action arising in your favor from |
| the provisions of Article 33 of the General Business Law of the State of New York |
| and the related regulations shall remain in force; it being the intent of this proviso |
| to satisfy the non-waiver provisions of GBL, Sections 687.4 and 687.5. |
| 2. |
Source: Item 22 — CONTRACTS (FDD pages 96–97)
What This Means (2025 FDD)
According to Baymont Inn Suites's 2025 Franchise Disclosure Document, the date '20' appears in the context of addenda to the franchise agreement. Specifically, it is part of the dating line in various addenda, such as the 'ADDENDUM TO THE FRANCHISE AGREEMENT PURSUANT TO THE RHODE ISLAND FRANCHISE INVESTMENT ACT'.
This dating line, which reads 'This Addendum to the Franchise Agreement by and between BAYMONT FRANCHISE SYSTEMS, INC. ('we,' 'our,' or 'us') and ('you') is dated , 20', indicates that the addendum is to be completed with the specific date (day and month) when the agreement is executed. The addenda themselves address specific legal requirements or modifications to the standard franchise agreement based on the franchisee's location (e.g., Rhode Island, North Dakota, Maryland, Illinois, New York).
For a prospective Baymont Inn Suites franchisee, this means that the actual date of signing the franchise agreement and its addenda will be inserted in this space. These addenda often contain clauses that supersede or modify the standard franchise agreement to comply with local state laws, particularly concerning franchisee rights, dispute resolution, and waivers. Therefore, it is crucial for the franchisee to understand the implications of these addenda, as they can significantly affect their rights and obligations under the franchise agreement.