factual

What agreement is amended and supplemented by the document dated as of the Effective Date for Byrider?

Byrider Franchise · 2025 FDD

Answer from 2025 FDD Document

lease provided for hereunder shall not apply to any liability under the Maryland Franchise Registration and Disclosure Law.

  1. Other Terms. All other terms of the Renewal Franchise Agreement shall remain in full force and effect.

IN WITNESS WHEREOF, the parties have executed and delivered this Addendum on the dates noted below, to be effective as of the Effective Date of this Addendum.

BYRIDER FRANCHISING PARTNERS, LLC [FRANCHISEE] By_________________________________ By_________________________________ Michael J. Onda, CEO [Name], [Title] Date: Date: [CO-FRANCHISEE] By_________________________________ [Name], [Title] Date: _______________________________

EXHIBIT K

TO

FRANCHISE DISCLOSURE DOCUMENT

VETERAN DISCOUNT ADDENDUM

TO FRANCHISE AGREEMENT

This VETERAN DISCOUNT ADDENDUM (this "Addendum") dated as of
(the "Effective Date") amends and supplements certain terms and conditions of
the Franchise Agreement dated (the "Franchise Agreement") entered into
between BYRIDER FRANCHISING PARTNERS, LLC (the "Company") and (the "Franchisee"). In the event of any conflict between the terms of the
Agreement and the terms of this Addendum, the terms of this Addendum shall control. All
capitalized terms not otherwise defined in this Addendum shall have their respective meanings set
forth in the Agreement.
WHEREAS, Franchisee (or if a legal entity, Franchisee's owner(s)) [is/are] a veteran of
the United States Armed Forces; and WHEREAS, the Company has agreed to charge Franchisee a reduced initial franchise fee
on the terms and conditions set forth herein.
NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of
which is hereby acknowledged, the Company and Franchisee hereby agree as follows:
1. Initial Franchise Fee. The Company and Franchisee agree and acknowledge that
the Initial Franchise Fee provided in Section 3.8 of the Franchise Agreement shall be $50,000.
2. Other Terms. All other terms of the Franchise Agreement shall remain in full force
and effect.
IN WITNESS WHEREOF, the parties have executed and delivered this Addendum on
the dates noted below, to be effective as of the Effective Date of this Addendum.
BYRIDER FRANCHISING PARTNERS, LLC [FRANCHISEE]
By By
Michael J. Onda, CEO [Name], [Title]
Date: Date:

EXHIBIT L

TO

FRANCHISE DISCLOSURE DOCUMENT

ADDITIONAL DISCLOSURE FOR THE FRANCHISE DISCLOSURE DOCUMENT OF BYRIDER FRANCHISING PARTNERS, LLC

The following are additional disclosures for the Franchise Disclosure Document of Byrider Franchising Partners, LLC required by various state franchise laws. Each provision of these additional disclosures will only apply to you if the applicable state franchise registration and disclosure law applies to you.

FOR THE FOLLOWING STATES: CALIFORNIA, HAWAII, ILLINOIS, INDIANA, MARYLAND, MICHIGAN, MINNESOTA, NEW YORK, NORTH DAKOTA, RHODE ISLAND, SOUTH DAKOTA, VIRGINIA, WASHINGTON, OR WISCONSIN.

No statement, questionnaire, or acknowledgment signed or agreed to by a franchisee in connection with the commencement of the franchise relationship shall have the effect of (i) waiving any claims under any applicable state franchise law, including fraud in the inducement, or (ii) disclaiming reliance on any statement made by any franchisor, franchise seller, or other person acting on behalf of the franchisor. This provision supersedes any other term of any document executed in connection with the franchise.

CALIFORNIA

    1. THE CALIFORNIA FRANCHISE INVESTMENT LAW REQUIRES THAT A COPY OF ALL PROPOSED AGREEMENTS RELATING TO THE SALE OF THE FRANCHISE BE DELIVERED TOGETHER WITH THE FRANCHISE DISCLOSURE DOCUMENT.
    1. SECTION 31125 OF THE FRANCHISE INVESTMENT LAW REQUIRES BYRIDER FRANCHISING PARTNERS TO GIVE YOU A FRANCHISE DISCLOSURE DOCUMENT APPROVED BY THE COMMISSIONER OF FINANCIAL PROTECTION AND INNOVATION BEFORE BYRIDER FRANCHISING PARTNERS ASKS YOU TO CONSIDER A MATERIAL MODIFICATION OF YOUR FRANCHISE AGREEMENT.
    1. BYRIDER FRANCHISING PARTNERS' WEBSITES, www.byrider.com AND www.byriderfranchise.com, HAVE NOT BEEN REVIEWED OR APPROVED BY THE CALIFORNIA DEPARTMENT OF FINANCIAL PROTECTION AND INNOVATION. ANY COMPLAINTS CONCERNING THE CONTENT OF THE WEBSITE MAY BE DIRECTED TO THE CALIFORNIA DEPARTMENT OF FINANCIAL PROTECTION AND INNOVATION AT www.dfpi.ca.gov.
    1. The following is added at the end of Item 3 of the Disclosure Document:

Neither Byrider Franchising Partners, its parent, or its affiliate nor any person in Item 2 of the Franchise Disclosure Document is subject to any currently effective order of any national securities association or national securities exchange, as defined in the Securities Exchange Act of 1934, 15 U.S.C.A. Sections 78a et seq., suspending or expelling such persons from membership in that association or exchange.

  1. The following language is added to Item 5 of the Disclosure Document:

The Department of Financial Protection and Innovation requires that the franchisor defer the collection of all initial fees from California franchisees until the franchisor has completed all its pre-opening obligations and franchisee is open for business.

  1. The following is added at the "Remarks" column in the "Interest" row of the table provided in Item 6 of the Disclosure Document:

The highest rate of interest allowed by California law is 10% annually.

  1. The following language is added to the end of the chart in Item 17:

California Business and Professions Code Sections 20000 through 20043 provide rights to franchisees concerning termination, transfer or nonrenewal of a franchise. If the Franchise Agreement contains a provision that is inconsistent with the aforementioned law, and the aforementioned law applies, it will control.

The Franchise Agreement provides for termination upon bankruptcy. This provision may not be enforceable under federal bankruptcy law (11 U.S.C.A. Sec. 101 et. seq.) but Byrider Franchising Partners will enforce it to the extent enforceable.

The Franchise Agreement contains a covenant not to compete which extends beyond the termination of the respective agreement. These provisions may not be enforceable under California law.

The Franchise Agreement requires application of the laws of the State of Indiana with certain exceptions. These provisions may not be enforceable under California law.

The Franchise Agreement requires you to sign a general release of claims on renewal or transfer of the Franchise Agreement. California Corporations Code Section 31512 provides that any condition, stipulation or provision purporting to bind any person acquiring any franchise to waive compliance with any provision of that law or any rule or order there under is void. Section 31512 might void a waiver of your rights under the Franchise Investment Law (California Corporations Code Section 31000 – 31516). Business and Professions Code Section 20010 might void a waiver of your rights under the Franchise Relations Act (Business and Professions Code Sections 20000 – 20043).

  1. The following is added at the end of Item 19 of the Disclosure Document:

You should conduct an independent investigation of the costs and expenses you will incur in operating your Business. Franchisees or former franchisees, listed in the Franchise Disclosure Document, may be one source of this information.

ILLINOIS

The following language is added to the end of the chart in Item 17:

In conformance with Section 4 of the Illinois Franchise Disclosure Act, any provision in a franchise agreement that designates jurisdiction and venue in a forum outside of the State of Illinois is void. However, a franchise agreement may provide for arbitration to take place outside of Illinois.

Your rights upon termination and non-renewal of the franchise are set forth in Sections 19 and 20 of the Illinois Franchise Disclosure Act.

In conformance with Section 41 of the Illinois Franchise Disclosure Act, any condition, stipulation or provision purporting to bind any person acquiring any franchise to waive compliance with the Illinois Franchise Disclosure Act or any other law of Illinois is void.

MARYLAND

  1. The following is added to the end of the "Summary" sections of Item 17€, entitled Requirements for franchisee to renew or extend, and Item 17(n), entitled Conditions for franchisor approval of transfer:

However, any release required as a condition of renewal, sale and/or assignment/transfer will not apply to claims or liability arising under the Maryland Franchise Registration and Disclosure Law.

  1. The following is added to the end of the "Summary" section of Item 17(h), entitled "Cause" defined – non-curable defaults:

The Franchise Agreement provides for termination upon bankruptcy. This provision might not be enforceable under federal bankruptcy law (11 U.S.C. Sections 101 et seq.), but we will enforce it to the extent enforceable.

  1. The following sentence is added to the end of the "Summary" section of Item 17(v), entitled Choice of forum, and 17(w), entitled Choice of Law:

You may bring suit in Maryland for claims arising under the Maryland Franchise Registration and Disclosure Law.

  1. The following language is added to the end of the chart in Item 17:

You must bring any claims arising under the Maryland Franchise Registration and Disclosure Law within 3 years after the grant of the franchise.

MINNESOTA

The following is added to the end of the table in Item 17 of the Disclosure Document:

Minnesota law provides you with certain termination and non-renewal rights. Minn. Stat. Sec. 80C.14, Subds. 3, 4 and 5 require, except in certain specified cases, that you be given 90 days' notice of termination (with 60 days to cure) of the Franchise Agreement and 180 days' notice for nonrenewal of the Franchise Agreement.

Minn. Stat. Sec. 80C.21 and Minn.

Source: Item 23 — Receipts (FDD pages 88–335)

What This Means (2025 FDD)

According to Byrider's 2025 Franchise Disclosure Document, there are two agreements that can be amended and supplemented by a document dated as of the Effective Date. The first is the standard Franchise Agreement. The Veteran Discount Addendum specifically amends and supplements the Franchise Agreement between Byrider Franchising Partners, LLC and the franchisee. This addendum is used when the franchisee (or their owner) is a veteran of the United States Armed Forces, and it adjusts the initial franchise fee, setting it at $50,000 as stated in Section 3.8 of the Franchise Agreement. All other terms of the Franchise Agreement remain in full force and effect.

The second agreement that can be amended and supplemented is the Renewal Franchise Agreement. This agreement is amended and supplemented by an addendum, with any conflicts between the addendum and the Renewal Franchise Agreement resolved in favor of the addendum. Capitalized terms within the addendum take their meanings from the Renewal Franchise Agreement. The franchisee and Byrider are parties to an Existing Franchise Agreement that is set to expire, and the franchisee desires to renew their franchise by executing Byrider's current form of franchise agreement.

For a prospective Byrider franchisee, it's important to understand which agreement is being amended or supplemented. If the franchisee is a veteran, the Veteran Discount Addendum will modify the initial franchise fee. For franchisees renewing their agreement, the addendum to the Renewal Franchise Agreement will outline any changes to the terms of their renewed franchise. Franchisees should carefully review these addenda to understand their rights and obligations under the respective agreements.

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.