Does the Extreme Art Rider have a specific effective date for Extreme Art Studio franchisees?

According to the 2024 Extreme Art Studio Franchise Disclosure Document, the Extreme Art Rider becomes effective as of the 'Rider Effective Date.' The document states that the parties involved execute and deliver the Extreme Art Rider to be effective on this date.

This means that the rights and obligations outlined in the Extreme Art Rider, which supplements the main Franchise Agreement, come into force on the Rider Effective Date. This date is formally acknowledged when all parties sign and deliver the agreement.

For a prospective Extreme Art Studio franchisee, this signifies the importance of understanding when the Rider Effective Date is set, as it marks the commencement of specific terms related to the Rider Business. The Rider Effective Date is a crucial point that triggers certain obligations and rights distinct from those in the main Franchise Agreement.