What document is the Rider annexed to and forms a part of for a Cinch I.T. franchise?
Cinch_I_T Franchise · 2024 FDDAnswer from 2024 FDD Document
ce on any statement made by any franchisor, franchise seller, or other person acting on behalf of the franchisor. This provision supersedes any other term of any document executed in connection with the franchise.
[signatures on following page]
The undersigned does hereby acknowledge receipt of this Amendment. Dated this day of, 20 CINCH FRANCHISE, LLC DEVELOPER:
RIDER TO THE FRANCHISE AGREEMENT FOR USE IN RHODE ISLAND
THIS RIDER (this "Rider") is made and entered into by and between CINCH FRANCHISE, LLC, a Massachusetts limited liability company with its principal place of business at 27 West Mountain Street, Worcester, Massachusetts 01606 ("CINCH I.T."), and the person(s) or entity identified as the franchisee ("Franchisee") with its principal place of business as set forth on Franchise Agreement. In this Rider, "we," "us," and "our" refers to CINCH I.T. "You" and "your" refers to Franchisee.
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Source: Item 23 — RECEIPTS (FDD pages 60–269)
What This Means (2024 FDD)
According to Cinch I.T.'s 2024 Franchise Disclosure Document, the Rider is annexed to and forms a part of the Franchise Agreement. Specifically, the Rider applies when a franchisee is domiciled in Rhode Island or if any franchise-related activities occurred there.
This means that if a prospective Cinch I.T. franchisee is located in Rhode Island, the terms and conditions outlined in the Rider will be integrated into their Franchise Agreement, modifying or supplementing the standard terms. Franchisees should carefully review the Rider to understand how it alters their rights and obligations under the Franchise Agreement.
The Rider's integration ensures that the Franchise Agreement complies with Rhode Island's specific legal requirements. This is a common practice in franchising, as state laws can vary significantly, and franchisors often use riders or addenda to address these differences. Franchisees should pay close attention to any state-specific amendments to fully understand their contractual obligations.