What section numbers in the Byrider Franchise Agreement discuss renewal or extension of the term?

According to Byrider's 2025 Franchise Disclosure Document, the renewal or extension of the franchise term is addressed in Articles 5.2 and 5.3 of the Franchise Agreement.

A Byrider franchisee has the right to obtain three additional, successive franchise terms, each lasting five years. However, if Byrider Franchising Partners is still in the business of licensing new franchises at the time of renewal, the franchisee may have the right to obtain unlimited successive franchise terms of five years each. This is contingent upon the franchisee continuing to meet the qualifications and conditions for each renewal term.

To renew or extend the franchise term, Article 5.2 specifies that the franchisee must request to obtain a successive franchise term, comply with the Franchise Agreement, fulfill their financial obligations to Byrider Franchising Partners, and execute the necessary documents. Renewal involves signing Byrider's then-current franchise agreement for a five-year successor franchise term, which may include materially different terms and fees. This means that the terms of the agreement could change upon renewal, potentially impacting the franchisee's obligations and costs.