conditional

Under what circumstances is the Rider being signed in the Byrider Development Agreement?

Byrider Franchise · 2025 FDD

Answer from 2025 FDD Document

THIS RIDER is made and entered into by and between BYRIDER FRANCHISING
PARTNERS, LLC, a Delaware limited liability company whose address it 12802 Hamilton
Crossing Boulevard, Carmel, Indiana, 46032 (the "Company"), and
a(n) whose principal business address is
(the "Franchisee").
1.
BACKGROUND. The Company and the Franchisee are parties to that certain
Franchise Agreement dated, 20 (the "Franchise Agreement").
This Rider is annexed to and forms an integral part of the Franchise Agreement. This Rider
supersedes any inconsistent or conflicting provisions of the Franchise Agreement.
Terms not
otherwise defined in this Rider have the meanings as defined in the Franchise Agreement. This
Rider is being signed because (a) the Franchisee is a resident of the State of Maryland; or (b)
Franchisee's Business is or will be operated in the State of Maryland; or (c) the offer to sell is
made in the State of Maryland; or (d) the offer to buy is accepted in the State of Maryland.
2.
MARYLAND FRANCHISE REGISTRATION AND DISCLOSURE LAW.
The following is added as a new Section 2.12 of the Franchise Agreement:
2.12
MARYLAND FRANCHISE REGISTRATION AND DISCLOSURE
LAW. All representations requiring the Franchisee to assent to a release, estoppel
or waiver of liability are not intended to nor shall they act as a release, estoppel or
waiver of any liability incurred under the Maryland Franchise Registration and
Disclosure Law.

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

What This Means (2025 FDD)

According to Byrider's 2025 Franchise Disclosure Document, a Rider to the Area Development Agreement is signed under specific circumstances related to the franchisee's business operations or residency. Specifically, the Rider is required if the franchisee's business will operate in the State of Illinois, or if the franchisee is a resident of, domiciled in, or physically present in Illinois. This ensures that the Development Agreement takes into account specific legal and regulatory requirements within Illinois.

This requirement indicates that Byrider tailors its agreements to comply with state-specific regulations, particularly in states with franchise-specific laws. For a prospective franchisee, this means that the standard Development Agreement may be modified by a Rider to address specific legal considerations relevant to their location or residency. It is important for franchisees to carefully review any such Rider to understand their rights and obligations under Illinois law.

The Rider also states that it supersedes any conflicting provisions in the original Development Agreement, emphasizing the importance of the Rider's terms in governing the relationship between Byrider and the franchisee in Illinois. This ensures that the franchise agreement adheres to Illinois state laws, providing clarity and legal protection for both parties involved. Franchisees should pay close attention to these state-specific modifications to fully understand their contractual obligations and rights.

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.