factual

What is the document called to which the Rider is annexed for Body20 franchisees?

Body20 Franchise · 2025 FDD

Answer from 2025 FDD Document

RIDER TO THE FRANCHISE AGREEMENT FOR USE IN MARYLAND

THIS RIDER (this "Rider") is made and entered into by and between BODY20 Franchisor LLC, a Delaware limited liability company with its principal place of business at 4000 MacArthur Blvd., Suite 800, Newport Beach, California 92660 ("Franchisor"), and the person or entity identified on Appendix A as the franchisee ("Franchisee") with its principal place of business as set forth on Appendix A. In this Rider, "we," "us," and "our" refers to Franchisor. "You" and "your" refers to Franchisee.

    1. BACKGROUND. We and you are parties to that certain Franchise Agreement dated

Source: Item 23 — RECEIPT (FDD pages 74–251)

What This Means (2025 FDD)

According to the 2025 Body20 Franchise Disclosure Document, the Rider is annexed to the Franchise Agreement. Specifically, the FDD mentions state-specific riders, such as those for Maryland, North Dakota, Rhode Island, and Illinois, which are attached to and form part of the Franchise Agreement. Additionally, a Lease Rider may be attached to a lease agreement between the franchisee and the landlord. There are also Riders to the Development Agreement for Illinois and New York.

For franchisees, this means that in addition to the standard Franchise Agreement, there may be additional state-specific stipulations that modify or add to the terms of the Franchise Agreement. It is important for prospective franchisees to carefully review any state-specific riders to understand how the standard agreement is altered based on the state in which they will be operating their Body20 studio. These riders address specific legal requirements or considerations relevant to those states.

Furthermore, the Lease Rider ensures that the franchisor, Body20, has certain rights and control over the leased premises where the franchisee operates. This protects Body20's interests and ensures the franchisee's operations align with the brand's standards. The Development Agreement riders outline specific terms related to development rights, especially in states like Illinois and New York, where franchise laws may require additional disclosures or stipulations.

Therefore, a Body20 franchisee must understand that the Franchise Agreement is not a standalone document but may be supplemented and modified by various riders depending on the circumstances, including the state of operation and whether a development agreement is involved. These riders are legally binding and integral to the overall contractual relationship.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.