Under the Bft Franchise Agreement, what does this Rider supersede?
Bft Franchise · 2025 FDDAnswer from 2025 FDD Document
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. |
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 or terms 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 agreements.
This is a fairly common practice in franchising, particularly when state laws require specific modifications to the standard franchise agreement. The Rider acts as an addendum that tailors the agreement to comply with local regulations or to address specific circumstances of the franchisee or the territory. Franchisees should pay close attention to these Riders, as they can significantly alter the rights and obligations outlined in the main Franchise Agreement.
For a prospective Bft franchisee, it is crucial to carefully review the Rider alongside the Franchise Agreement to fully understand the terms and conditions of the franchise. Understanding which provisions of the original agreement are superseded by the Rider is essential for compliance and for making informed business decisions. If any part of the Rider is unclear, franchisees should seek clarification from Bft or consult with a legal professional experienced in franchise law.