Does Better Blend assume any obligation as a tenant under the lease by executing the Rider?

According to Better Blend's 2024 Franchise Disclosure Document, the franchisor does not assume any liability as a tenant under the lease by executing the Rider. Specifically, the Rider to Lease Agreement clarifies that Better Blend's execution does not create any obligations for the franchisor concerning the leased premises or as a tenant under the lease. This provision is designed to protect Better Blend from being held responsible for the franchisee's lease obligations.

However, the Rider to Lease Agreement does grant Better Blend certain rights and options related to the lease. For example, Better Blend has the option to cure any default under the lease if the franchisee fails to do so, and the franchisor also has the option to enter into a new lease with the landlord if the original lease is terminated due to the franchisee's default. Additionally, if the Franchise Agreement is terminated, the franchisee must assign the lease to Better Blend upon the franchisor's request.

Better Blend also retains the right to enter the leased premises to remove its signs and trademarks upon the expiration or termination of the Franchise Agreement or the lease. While Better Blend is responsible for any damage caused during such removal, this clause ensures that the franchisor can protect its brand identity. These rights allow Better Blend to maintain some control over the location and protect its brand without assuming direct liability as a tenant.