What is meant by 'Effective Date' in relation to this Desi District Rider?

According to the 2024 Desi District Franchise Disclosure Document, the "Effective Date" determines when a specific Rider to the Franchise Agreement becomes valid and enforceable. Several states require specific amendments or clarifications to the standard franchise agreement to comply with their local franchise laws. These modifications are detailed in state-specific riders. Each rider becomes effective as of its Effective Date.

For example, the Maryland Rider specifies that it "is effective as of the Effective Date." Similarly, the Minnesota Rider states, "This Rider is effective as of the Effective Date." The New York Rider also states, "This Rider is effective as of the Effective Date."

This means that the provisions within each rider, which address issues like waivers, limitations of liability, and governing law, are only applicable from the date the rider becomes effective. The Effective Date ensures that both Desi District and the franchisee are bound by the amended terms from a specific point forward, providing clarity on when the state-specific legal protections and requirements take effect.