What agreement is the Rider annexed to for Bw Premier Collection franchisees in Rhode Island?
Bw_Premier_Collection Franchise · 2025 FDDAnswer from 2025 FDD Document
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- Background. BWI and Hotel Owner are parties to that certain Distribution Agreement that has been signed concurrently with the signing of this Rider (the "Distribution Agreement"). This Rider is annexed to and forms part of the Distribution Agreement. This Rider is being signed because (a) Hotel Owner is a resident of Rhode Island and the Hotel that Hotel Owner will operate under the Distribution Agreement will be located in Rhode Island; and/or (b) any of the offering or sales activity relating to the Distribution Agreement occurred in Rhode Island.
Source: Item 23 — Receipts (FDD pages 54–203)
What This Means (2025 FDD)
According to the 2025 Bw Premier Collection Franchise Disclosure Document, the Rider is annexed to and forms a part of the Distribution Agreement. This is specifically for Hotel Owners who are residents of Rhode Island or if any part of the offering or sales activity related to the Distribution Agreement occurred in Rhode Island.
This means that the Rider modifies the original Distribution Agreement to account for specific legal requirements or considerations relevant to Rhode Island. Franchise agreements often include state-specific riders to ensure compliance with local franchise laws, which can vary significantly from state to state.
For a prospective Bw Premier Collection franchisee in Rhode Island, this Rider is an integral part of their franchise agreement. It addresses issues such as governing law, jurisdiction, and waivers, ensuring that the franchisee's rights under the Rhode Island Franchise Investment Act are protected. It also prevents the franchisee from waiving any claims or disclaiming reliance on statements made by the franchisor, which is a common protective measure in franchise agreements.