What is the date format for the Byrider Franchise Agreement referenced in the Minnesota Rider?
Byrider Franchise · 2025 FDDAnswer from 2025 FDD Document
n and Non-Renewal of an agreement are set forth in sections 19 and 20 of the Illinois Franchise Disclosure Act.
No statement, questionnaire or acknowledgement 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 behalf of the Company. This provision supersedes any other term of any document executed in connection with the franchise.
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 | ||
| «Signatory»«Signatory_Title» | By: Michael J. Onda, Chief Executive Officer |
RIDER TO THE AREA DEVELOPMENT AGREEMENT FOR USE IN MINNESOTA
| 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. |
Source: Item 23 — Receipts (FDD pages 88–335)
What This Means (2025 FDD)
According to Byrider's 2025 Franchise Disclosure Document, the Minnesota Rider references the Franchise Agreement date using a format that includes the year. Specifically, in the context of the Area Development Agreement, the document states "Area Development Agreement dated, 20 (the 'Development Agreement')." This indicates that the date will include at least the year.
Similarly, the Rider associated with the Franchise Agreement notes "Franchise Agreement dated , 20 (the 'Franchise Agreement')." This shows that the date format includes the year. However, the day and month are not specified in this excerpt.
Prospective franchisees should confirm the exact date format, including whether it includes the month and day, with Byrider to ensure proper understanding and compliance when executing agreements.