factual

If a capitalized term is not defined in the Byrider Addendum, where can its meaning be found?

Byrider Franchise · 2025 FDD

Answer from 2025 FDD Document

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.

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

What This Means (2025 FDD)

According to the 2025 Byrider Franchise Disclosure Document, if a capitalized term is not defined in the Byrider Veteran Discount Addendum, its meaning can be found in the Franchise Agreement. This is explicitly stated to avoid confusion and ensure consistency across all agreements.

This means that prospective franchisees need to be familiar with both the Addendum and the Franchise Agreement to fully understand their rights and obligations. The Addendum modifies specific terms of the Franchise Agreement, but the Franchise Agreement remains the primary governing document.

For example, if the Veteran Discount Addendum refers to a "Protected Territory" without defining it, the franchisee must refer back to the Franchise Agreement to find the definition. This highlights the importance of carefully reviewing all documents and understanding how they interrelate before signing any franchise agreement.

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.