In the context of the Minnesota Rider, what does 'Franchisee' refer to for Byrider?
Byrider Franchise · 2025 FDDAnswer from 2025 FDD Document
| THIS RIDER is made and entered into by and between BYRIDER FRANCHISING | |
|---|---|
| PARTNERS, LLC, a Delaware limited liability company whose address it 12802 Hamilton | |
| Crossing Boulevard, Carmel, Indiana, 46032 (the "Company"), and | |
| a(n) whose principal business address is | |
| (the "Franchisee"). | |
| 1. | BACKGROUND. The Company and the Franchisee are parties to that certain Area Development Agreement dated, 20 (the "Development Agreement"). This Rider is annexed to and forms an integral part of the Development Agreement. This Rider supersedes any inconsistent or conflicting provisions of the Development Agreement. Terms not otherwise defined in this Rider have the meanings as defined in the Development Agreement. This Rider is being signed because (a) Franchisee's Business that Franchisee will develop under the Development Agreement will be operated wholly or partly in the State of Minnesota; and/or (b) the Franchisee is either a resident of, domiciled in, or actually present in the |
| State of Minnesota. | |
| 2. | The following is added to the end of Section 5 of the |
| TERMINATION. | |
| Development Agreement: | |
| Franchisee be given 90 days' notice of termination (with 60 days to cure). | To the extent Minnesota law is applicable, the Company will comply with Minn. Stat. Sec. 80C.14, Subds. 3, 4 and 5 which require, except in certain specified cases, that the IN WITNESS WHEREOF, the parties have executed and delivered this Rider on the |
| dates noted below, to be effective as of the Effective Date of the Development Agreement. | |
| "FRANCHISEE" | "COMPANY" |
| «Name_of_Franchisee», «Entity_Type» | BYRIDER FRANCHISING PARTNERS, LLC By: |
| «Signatory»«Signatory_Title» | Michael J. Onda, Chief Executive Officer |
Source: Item 23 — Receipts (FDD pages 88–335)
What This Means (2025 FDD)
According to Byrider's 2025 Franchise Disclosure Document, the term 'Franchisee' in the context of the Minnesota Rider refers to the entity that is entering into an agreement with Byrider Franchising Partners, LLC, and will be operating a Byrider business in Minnesota. This entity is identified as 'a(n)' followed by a blank space to be filled in with the franchisee's entity type and 'whose principal business address is' followed by another blank space for the franchisee's address.
Specifically, the rider is applicable if the franchisee's Byrider business will be operated wholly or partly in the State of Minnesota, or if the franchisee is a resident of, domiciled in, or actually present in the State of Minnesota. The rider is attached to and becomes an integral part of the Franchise Agreement, and it takes precedence over any conflicting terms in the original agreement.
In essence, the Minnesota Rider ensures that Byrider franchisees operating in Minnesota, or those who are residents of Minnesota, are subject to specific protections and regulations under Minnesota law. This includes aspects related to termination rights, as the Company will comply with Minn. Stat. Sec. 80C.14, Subds. 3, 4 and 5 which require, except in certain specified cases, that the Franchisee be given 90 days' notice of termination (with 60 days to cure).