What happens in the event of a conflict between the Renewal Franchise Agreement and the Addendum for Byrider?
Byrider Franchise · 2025 FDDAnswer from 2025 FDD Document
lease provided for hereunder shall not apply to any liability under the Maryland Franchise Registration and Disclosure Law.
- 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 re |
Source: Item 23 — Receipts (FDD pages 88–335)
What This Means (2025 FDD)
According to the 2025 Byrider Franchise Disclosure Document, an addendum can modify the terms of the franchise agreement. Specifically, the terms of the addendum will take precedence over the original franchise agreement in the event of any conflict. This ensures that any changes or modifications outlined in the addendum are the controlling terms.
This clause is included in the Veteran Discount Addendum, which modifies the initial franchise fee for eligible veterans. Section 1 of the addendum states that the initial franchise fee is $50,000. If the franchise agreement states a different initial franchise fee, the addendum's fee of $50,000 would be the controlling amount for veterans.
This type of clause is standard in franchising when addenda are used to modify specific terms of the original agreement. It provides clarity and ensures that both Byrider and the franchisee understand which terms are in effect, especially when changes are made after the initial agreement is signed. However, all other terms of the Renewal Franchise Agreement shall remain in full force and effect.