What is the effective date referred to in the Rider to the Creative World School Franchise Agreement?
Creative_World_School Franchise · 2025 FDDAnswer from 2025 FDD Document
This Rider is entered into this, 20 (the "Effective Date"), between CREATIVE WORLD SCHOOLS FRANCHISING COMPANY, INC., a Florida corporation ("we," "us," "our" or "Franchisor"), with its principal business address at 25110 Bernwood Drive, Suite #104, Bonita Springs, Florida 34135, and , a whose principal business address is (referred to in this Rider as "you," "your" or "Franchisee") and amends the Franchise Agreement between the parties dated as of the Effective Date, (the "Agreement").
Source: Item 23 — RECEIPTS (FDD pages 80–247)
What This Means (2025 FDD)
According to Creative World School's 2025 Franchise Disclosure Document, the effective date in the Rider to the Franchise Agreement is referenced as 'this, 20'. This date is when the Rider is considered to be entered into between Creative World Schools Franchising Company, Inc. and the franchisee. The Rider amends the original Franchise Agreement, which is dated as of the Effective Date. Terms that are not specifically defined in the Rider will have the same meanings as they are defined in the original Franchise Agreement.
For franchisees, this means that the terms and conditions outlined in the Rider become legally binding as of the 'Effective Date'. However, the document also states that the Rider is signed and delivered in counterparts effective on the Agreement Date, regardless of the actual date of signature. This implies that while the Rider itself has an effective date, its enforceability is tied to the original Franchise Agreement date.
It is important for prospective Creative World School franchisees to note that the Rider supersedes any conflicting provisions in the original Franchise Agreement. This ensures that the most current terms are in effect. Franchisees should pay close attention to the specific date entered as the 'Effective Date' on their Rider, as it marks the commencement of the amended agreement. Creative World School franchisees should also seek legal counsel to fully understand the implications of the Rider and its effective date in relation to their Franchise Agreement.