Does the Extreme Art Rider supplement the terms of the Extreme Art Studio Franchise Agreement?
Extreme_Art_Studio Franchise · 2024 FDDAnswer from 2024 FDD Document
Prior to opening the second and each subsequent Extreme Art Studio Business under a Standard Franchise, you and we will execute the then-current form of Extreme Art Rider ("Extreme Art Rider"), the current form of which is attached to this Franchise Agreement in Attachment E but which may vary materially and substantially from the form attached to this Franchise Agreement.
If you operate multiple Extreme Art Studio Businesses, each reference to the "Franchised Business" herein shall refer to each individual Extreme Art Studio Business that you operate under this Franchise Agreement, unless otherwise specified.
All obligations under this Franchise Agreement shall apply individually to each Extreme Art Studio Business you operate.
Source: Item 22 — CONTRACTS (FDD page 49)
What This Means (2024 FDD)
According to the 2024 Extreme Art Studio Franchise Disclosure Document, the Extreme Art Rider does supplement the terms of the Extreme Art Studio Franchise Agreement. Specifically, the Franchise Agreement outlines that if a franchisee is granted a Standard Franchise (Multi-2 or Multi-3), they must sign a Multi-Franchise Addendum. Prior to opening the second and each subsequent Extreme Art Studio Business under a Standard Franchise, both the franchisee and Extreme Art Studio will execute the then-current form of the Extreme Art Rider.
The FDD states that the current form of the Extreme Art Rider is attached to the Franchise Agreement as Attachment E, but it may vary materially and substantially from the form attached to the Franchise Agreement. The Extreme Art Rider is used to specify the Approved Location for any additional Extreme Art Studio Businesses. The obligations outlined in the Franchise Agreement apply individually to each Extreme Art Studio Business that the franchisee operates.
Furthermore, the Extreme Art Rider outlines the services provided by Extreme Art Studio Franchising for the Extreme Art Studio Business, stating that, except as otherwise provided in the Franchise Agreement, Extreme Art Studio or its designees will provide pre-opening and ongoing services as detailed in Section 4 of the Franchise Agreement related to the Rider Business. The Extreme Art Rider and the franchisee's right to operate the Rider Business terminate upon the termination or expiration of the Franchise Agreement, or upon a transfer of the Rider Business in compliance with the Franchise Agreement, and are subject to the renewal provisions of Section 13 of the Franchise Agreement.