Under the Byrider Veteran Discount Addendum, what section of the Franchise Agreement is specifically modified?

According to the 2025 Byrider Franchise Disclosure Document, the Veteran Discount Addendum modifies Section 3.8 of the Franchise Agreement, which pertains to the initial franchise fee. The addendum acknowledges that the initial franchise fee is $50,000 for eligible veterans. This modification is specifically outlined within the addendum to provide a reduced initial franchise fee for qualifying veterans.

The Veteran Discount Addendum explicitly states that all other terms and conditions of the Franchise Agreement remain in full force and effect, except for the modification to the initial franchise fee. This ensures that the rest of the agreement, covering aspects like operational procedures, royalty payments, and termination conditions, are unchanged and continue to apply to the franchisee.

For a prospective Byrider franchisee who is a veteran, this addendum presents a financial benefit by reducing the initial investment required to start the franchise. However, it's crucial to understand that only Section 3.8 is altered, and all other obligations and responsibilities outlined in the Franchise Agreement remain applicable. Veterans should carefully review both the addendum and the complete Franchise Agreement to fully understand their rights and obligations.