Does the Body20 franchise agreement include State-Required Franchise Agreement Riders, and if so, what exhibit is it?
Body20 Franchise · 2025 FDDAnswer from 2025 FDD Document
| Franchise Agreement | Exhibit A |
|---|---|
| Payment and Performance Guarantee | Appendix C to the Franchise Agreement |
| Lease Rider | Appendix D to the Franchise Agreement |
| Development Agreement | Exhibit B |
| General Release | Exhibit G |
| Nondisclosure and Noncompete Agreement | Exhibit H |
| State-Required Franchise Agreement Riders | Exhibit I |
| State-Required Development Agreement Riders | Exhibit I |
Source: Item 23 — RECEIPT (FDD pages 74–251)
What This Means (2025 FDD)
According to the 2025 Body20 Franchise Disclosure Document, the franchise agreement does include state-required riders. These riders are included as Exhibit I to the Franchise Disclosure Document. These riders contain state-specific modifications or additions to the standard Body20 franchise agreement, designed to ensure compliance with franchise laws in certain states.
Prospective Body20 franchisees should carefully review Exhibit I to determine if a state-specific rider applies to them based on their location or residency. These riders can modify various aspects of the franchise agreement, including governing law, dispute resolution, and franchisee rights. For example, the FDD includes specific riders for Illinois and Maryland that modify sections of the standard agreement.
It is important for franchisees to understand how these riders affect their rights and obligations under the franchise agreement. Consulting with a legal professional experienced in franchise law is advisable to fully comprehend the implications of any state-specific riders. Franchisees should also note that the presence and content of state-specific riders can vary, so it's crucial to review the exhibit relevant to their specific state.