What agreement is this Rider annexed to and forms a part of for Bft?
Bft Franchise · 2025 FDDAnswer from 2025 FDD Document
| THIS RIDER (this "Rider") is made and entered into by and between BFT FRANCHISE SPV, |
|---|
| LLC, a Delaware limited liability company with its principal business address at 17877 Von Karman Ave., |
| Suite 100 Irvine, CA 92614 |
| ("Franchisor"), and, |
| whose principal business address is |
| ("Franchisee"). |
| 1. |
| Background. Franchisor |
| and Franchisee |
| are parties to that certain Franchise Agreement dated |
| , 20 (the "Franchise Agreement") that has been signed concurrently |
| with the signing of this Rider. This Rider supersedes any inconsistent or conflicting provisions of the |
| Franchise Agreement. Terms not otherwise defined in this Rider have the meanings as defined in the |
| Franchise Agreement. |
| This Rider is annexed to and forms part of the Franchise Agreement. This Rider is |
| being signed because (a) |
| the Franchisee is a resident of the State of Minnesota, (b) the Studio |
| that |
| Franchisee will develop under the Franchise Agreement is |
| or will |
| be |
| located |
| in the State of Minnesota; or |
| (c) |
| any of the offering or sales activity relating to the Franchise Agreement occurred in the State of |
| Minnesota. |
Source: Item 17 — RENEWAL, TERMINATION, TRANSFER AND DISPUTE RESOLUTION (FDD pages 57–66)
What This Means (2025 FDD)
According to Bft's 2025 Franchise Disclosure Document, the Rider is annexed to and forms a part of either the Multi-Unit Agreement or the Franchise Agreement, depending on the specific context. For a Developer, the Rider is part of the Multi-Unit Agreement. For a Franchisee, the Rider is part of the Franchise Agreement.
Specifically, the Rider is signed concurrently with either the Multi-Unit Agreement or the Franchise Agreement. The Rider also supersedes any inconsistent or conflicting provisions of the Multi-Unit Agreement or Franchise Agreement. Terms that are not defined within the Rider itself will have the same meanings as defined in the respective underlying agreement (either the Multi-Unit Agreement or the Franchise Agreement).
This means that the Rider modifies the original agreement and should be read as an integral part of it. Franchisees and Developers should pay close attention to the Rider, as it can alter the terms and conditions of their agreements with Bft. It is essential to understand how the Rider affects their rights and obligations under the Franchise Agreement or Multi-Unit Agreement.