factual

As of what date is the Intercity Rules document referenced in Exhibit H-2 for the Budget franchise?

Budget Franchise · 2025 FDD

Answer from 2025 FDD Document

SIZE (1)CLASS TYPE (2) SHIFT (3) TRANSMISSION FUEL/AIR (4)
C COMPACT B 2/3 DOOR A AUTOMATIC R UNSPEC FUEL/PWR
D COMPACT ELITE C 2/4 DOOR B AUTO 4WD N UNSPEC FUEL/PWR
E ECONOMY D 4-5 DOOR M MANUAL DRIVE D DIESEL AIR
F FULL SIZE E COUPE N MANUAL 4WD Q DIESEL NO AIR
G FULL SIZE ELITE H ECONOMY ELITE I INTERMEDIATE J INTERMEDIATE ELITE L LUXURY M MINI F SUV G CROSSOVER H MOTOR HOME OPEN AIR ALL TERRAIN K TRUCK not part of SIPP definition, used for Budget trucks only L LIMOUSINE D AUTO AWD H HYBRID AIR I HYBRID NO AIR E ELECTRIC AIR C ELECTRIC NO AIR L LPG/ COMPRESSED GAS/AIR S LPG/COMP
N MINI ELITE O OVERSIZE P PREMIUM M MONOSPACE N ROADSTER P PICK UP GAS/NO AIR A HYDROGEN AIR B HYD NO AIR M MULTI
R STANDARD ELITE REGULAR CAB Q PICK UP EXTEND CAB FUEL/PWR AIR F MULTI FUEL/PWR AIR
S STANDARD R RECREATIONAL VEH V PETROL AIR
U PREMIUM ELITE W LUXURY ELITE X SPECIAL S SPORT T CONVERTIBLE V PASSENGER VAN W WAGON/ESTATE X SPECIAL Y 2 WHEEL VEHICLE Z PETROL NO AIR U ETHANOL AIR X ETHANOL NO AIR

EXHIBIT J INTER–CITY RULES AND REGULATIONS

AVIS INTERCITY RULES AND REGULATIONS

AVIS RENT A CAR SYSTEMS INTERCITY RULES AND REGULATIONS

TABLE OF CONTENTS

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Source: Item 23 — RECEIPTS (FDD pages 80–426)

What This Means (2025 FDD)

The 2025 Budget Franchise Disclosure Document (FDD) mentions an Intercity Program with specific rules and regulations. According to Exhibit 23, to allow both Licensee and Corporate teams to adopt the Intercity Program, there is a ninety (90) day grace period from the effective date of this document through August 31st where certain penalties will not apply. In addition, any increases to missing miles charges from the prior document, will become effective from September 1st, 2024. The improper use penalty of one hundred ($100) per day is suspended at minimum, until next document review.

However, the FDD excerpt does not explicitly state the exact date of the Intercity Rules document itself. It only provides a reference to a grace period and the effective date for increases to missing miles charges from the prior document.

Prospective Budget franchisees should ask the franchisor for the specific date of the Intercity Rules document to fully understand the current policies and regulations governing intercity rentals and vehicle management.

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.