What document does this Rider supersede in the Bft franchise agreement?
Bft Franchise · 2025 FDDAnswer from 2025 FDD Document
TO FOLLOW]*
IN WITNESS WHEREOF, the parties have executed and delivered this Rider to be effective as of the effective date of the Multi-Unit Agreement.
BFT FRANCHISE SPV, LLC, a Delaware limited liability company [NAME OF DEVELOPER] Capacity:
RIDER TO THE BFT FRANCHISE SPV, LLC MULTI-UNIT AGREEMENT FOR USE IN MINNESOTA
| 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 | ("Developer"). |
| 1. | dated |
| Background. Franchisor and Developer are parties to that certain Multi-Unit Agreement | |
| , 20 (the "Multi-Unit Agreement") that has been signed concurrently | |
| with the signing of this Rider. This Rider supersedes any inconsistent or conflicting provisions of the Multi | |
| Unit Agreement. Terms not otherwise defined in this Rider have the meanings as defined in the Multi-Unit | |
| Agreement. |
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 supersedes any inconsistent or conflicting provisions of the Franchise Agreement. This means that if there are any clauses in the original Franchise Agreement that contradict the Rider, the terms outlined in the Rider will take precedence. This ensures that the most current and relevant terms are applied to the franchise relationship, especially concerning state-specific regulations or modifications to standard Bft policies.
This clause is included in the Rider because the document is designed to address specific legal or operational requirements that may vary by state or situation. For example, the Rider might be signed because an offer to sell the franchise was made in a particular state, or because the franchisee is domiciled in a specific state. In such cases, the Rider acts as an addendum that tailors the standard Franchise Agreement to comply with local laws and regulations.
For a prospective Bft franchisee, it is crucial to carefully review both the Franchise Agreement and any associated Riders to fully understand their rights and obligations. Paying close attention to clauses that are superseded by the Rider will help avoid misunderstandings and ensure compliance with all applicable terms. Franchisees should seek legal counsel to clarify any ambiguities or concerns regarding the interplay between the Franchise Agreement and the Rider.