Does Exhibit B to the Endless Summer Sweets disclosure document include a Rider to Lease Agreement?

According to the 2024 Endless Summer Sweets Franchise Disclosure Document, Exhibit 6, not Exhibit B, includes a Rider to Lease Agreement. This agreement outlines specific conditions and rights pertaining to the lease of the premises where the Endless Summer Sweets franchise will operate.

The Rider to Lease Agreement details several key provisions that affect the relationship between the landlord, the tenant (franchisee), and Endless Summer Sweets. These provisions include the landlord providing Endless Summer Sweets with copies of any default notices issued to the tenant and granting Endless Summer Sweets the option to cure any default if the tenant fails to do so. Additionally, Endless Summer Sweets is to be copied on any lease termination notices, and if the lease is terminated due to the tenant's default, Endless Summer Sweets has the option to enter into a new lease with the landlord under the same terms.

Furthermore, the Rider to Lease Agreement specifies that if the Franchise Agreement is terminated, the tenant must assign the lease to Endless Summer Sweets upon the franchisor's request, with the landlord's consent already provided. The agreement also allows the tenant to assign or sublet the lease to Endless Summer Sweets without relieving the tenant of liability. If Endless Summer Sweets becomes the lessee, it can then assign or sublease the lease to another Endless Summer Sweets franchisee. A critical clause states that any lease provisions limiting the tenant's right to operate other Endless Summer Sweets outlets in proximity do not apply to Endless Summer Sweets itself. These stipulations protect Endless Summer Sweets's interests and provide flexibility in managing franchise locations.