According to the Budget Rider, what year is the agreement entered into?

According to the 2025 Budget Franchise Disclosure Document, the Budget Rider agreement is entered into as of a specific day in 20__. The exact day and month are not specified in the provided excerpts, only the year. The agreement is between Avis Budget Car Rental, LLC and the Licensee, or between Budget Rent A Car System, Inc. and the Prospective Licensee, depending on the specific Rider agreement. The Rider is related to either the Rental System Agreement or the Confidentiality Agreement, depending on the specific Rider agreement, and is executed concurrently with it.

For a prospective Budget franchisee, this means that the Rider's effective date is tied to the execution of either the Rental System Agreement or the Confidentiality Agreement. The franchisee should pay close attention to the exact date when signing these agreements, as it will determine when the terms of the Rider become effective. The Rider modifies or supplements the main agreement, so understanding its timing is crucial.

It's important to note that the Rider's provisions are only effective to the extent that they comply with the jurisdictional requirements of the relevant state's franchise disclosure laws, such as those in Illinois, New York, or Minnesota. This means that the specific terms and enforceability of the Rider may vary depending on the franchisee's location and the applicable state laws. Prospective franchisees should consult with legal counsel to ensure they understand the implications of the Rider in their specific circumstances.

Since the exact day and month are not specified in the FDD excerpt, a prospective franchisee should confirm the exact date the agreement is entered into with Budget to ensure clarity and avoid any potential disputes later on.