Who are the parties involved in the Renewal Franchise Agreement for Byrider?
Byrider Franchise · 2025 FDDAnswer from 2025 FDD Document
- 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: __________________________
Source: Item 23 — Receipts (FDD pages 88–335)
What This Means (2025 FDD)
According to Byrider's 2025 Franchise Disclosure Document, the parties involved in the Renewal Franchise Agreement are Byrider Franchising Partners, LLC, the franchisee, and potentially a co-franchisee. The agreement requires signatures from Byrider Franchising Partners, with Michael J. Onda, CEO listed as the signatory, and the franchisee, including their name and title. If applicable, a co-franchisee would also need to sign, providing their name and title as well.
This structure ensures that all involved parties formally acknowledge and agree to the terms of the renewal. The inclusion of specific signatory roles (CEO for Byrider and name/title for franchisees) adds a layer of accountability and clarity to the agreement. The document also specifies that all other terms of the Renewal Franchise Agreement remain in full force and effect, indicating that the addendum primarily addresses specific updates or modifications rather than a complete overhaul of the original agreement.
Prospective franchisees should note the importance of carefully reviewing the entire Renewal Franchise Agreement, including any addenda, to fully understand their rights and obligations. Consulting with a legal professional is advisable to ensure a comprehensive understanding of the agreement before signing.