What is the duration of the cure period for failures of the Byrider Licensor under Section 16?
Byrider Franchise · 2025 FDDAnswer from 2025 FDD Document
Licensee's sole remedy for any failures of Licensor under Section 16 is, thirty (30) days after detailed written notice of the breach has been provided to Licensor and the breach remains uncured, to terminate this Agreement by written notice given within ten (10) days after the end of the cure period and have returned to it the fees actually paid by the Licensee to Licensor for the sixty (60) days preceding the date of termination.
Source: Item 23 — Receipts (FDD pages 88–335)
What This Means (2025 FDD)
According to Byrider's 2025 Franchise Disclosure Document, if the Licensor fails to meet its obligations under Section 16 of the agreement, the Licensee must provide detailed written notice of the breach to Byrider. Byrider then has thirty (30) days to cure the breach after receiving this notice. If the breach remains uncured after this 30-day period, the Licensee has the option to terminate the agreement by providing written notice within ten (10) days after the end of the cure period.
This means that a Byrider franchisee experiencing a failure by the Licensor under Section 16 must act promptly by providing written notice to initiate the cure period. If Byrider does not resolve the issue within 30 days, the franchisee must then decide quickly, within 10 days, whether to terminate the agreement. Failure to adhere to these notification timelines could result in the franchisee losing their right to terminate the agreement based on that specific breach.
It is important for prospective Byrider franchisees to understand the specific obligations outlined in Section 16 of the agreement to recognize when a breach has occurred and to take timely action. This remedy is the Licensee's sole recourse for failures of the Licensor under Section 16, highlighting the importance of understanding and adhering to the notification and termination procedures.