On what date is the Rider to the Budget Rent A Car System Confidentiality Agreement entered into?
Budget Franchise · 2025 FDDAnswer from 2025 FDD Document
ATE OF CALIFORNIA**
| BUDGET RENT A CAR SYSTEM, INC., a Delaware corporation ("BUDGET") and , an | This Rider is entered into this day of, 20 by and between , |
|---|---|
Source: Item 23 — RECEIPTS (FDD pages 80–426)
What This Means (2025 FDD)
According to Budget's 2025 Franchise Disclosure Document, the Rider to the Budget Rent A Car System Confidentiality Agreement is entered into as of "this day of" followed by a blank space for the day and month, and then the year "20". The specific day and month are not provided in the excerpt; the agreement is dated as of " ", 20.
This means that the exact date of the Rider must be filled in at the time of signing. The agreement is between Budget Rent A Car System, Inc. and the prospective licensee. The rider is signed concurrently with the Confidentiality Agreement.
Prospective franchisees should pay close attention to the date they sign any agreement, as this date often triggers various obligations and deadlines outlined in the franchise agreement. It is essential to ensure that all dates are accurately recorded on all documents to avoid potential disputes or misunderstandings later on.