factual

What is the purpose of the Rider to the Budget Rent A Car System Confidentiality Agreement?

Budget Franchise · 2025 FDD

Answer from 2025 FDD Document

RIDER TO BUDGET RENT A CAR SYSTEM CONFIDENTIALITY AGREEMENT REQUIRED BY THE STATE OF ILLINOIS

RIDER TO BUDGET RENT A CAR SYSTEM CONFIDENTIALITY AGREEMENT REQUIRED BY THE STATE OF WASHINGTON

RETURN SIGNATURE COPY TO:

Avis Budget Car Rental, LLC. 379 Interpace Parkway Parsippany, NJ 07054 Attention: Office of General Counsel

RIDER TO BUDGET RENT A CAR SYSTEM CONFIDENTIALITY AGREEMENT REQUIRED BY THE STATE OF MINNESOTA

RETURN SIGNATURE COPY TO:

Avis Budget Car Rental, LLC 379 Interpace Parkway Parsippany, NJ 07054 Attention: Office of General Counsel

RIDER TO BUDGET RENT A CAR SYSTEM CONFIDENTIALITY AGREEMENT REQUIRED BY THE STATE OF NEW YORK

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 required by certain states. Specifically, the FDD mentions that Riders are required by the states of Illinois, Washington, Minnesota, Maryland and New York. These riders are attached to, and form a part of, the Confidentiality Agreement.

The Rider is executed because either the prospective licensee is a resident of the specific state, or the Budget franchise will be located within that state, and/or the offering or sales activity occurred in that state. The provisions of each Rider are effective only to the extent that the jurisdictional requirements of that state's franchise laws are met independently, without relying on the Rider itself.

For prospective Budget franchisees, this means that if you reside in, or will operate a franchise in, one of the listed states, or if the franchise sales process occurred there, you will need to sign an additional Rider to the standard Confidentiality Agreement. This Rider ensures that the agreement complies with the specific franchise laws of that state. It is important to carefully review the Rider with a legal professional to understand your rights and obligations under the franchise agreement within the context of your state's laws.

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.