What does the Extreme Art Studio franchise call the rider?
Extreme_Art_Studio Franchise · 2024 FDDAnswer from 2024 FDD Document
| THIS EXTREME ART RIDER ("Extreme Art Rider") is entered into and made effective as of |
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| the date set forth on the signature page hereof ("Rider Effective Date"), by and between EXTREME AR STUDIO FRANCHISING, LLC ("we", "us" or "our") and the franchisee named on the signature page |
| of this Extreme Art Rider (" Franchisee ", "you" or "your"). This Extreme Art Rider relates to that certain |
| Extreme Art Studio Business Franchise Agreement dated |
| ("Franchise Agreement"), and supplements the terms of the Franchise Agreement in relation to the |
| Extreme Art Studio Business addressed herein. To the extent this Extreme Art Rider conflicts with the |
| terms of the Franchise Agreement, the terms of this Extreme Art Rider shall control. |
Source: Item 22 — CONTRACTS (FDD page 49)
What This Means (2024 FDD)
According to Extreme Art Studio's 2024 Franchise Disclosure Document, the franchise refers to the rider as the "Extreme Art Rider". This rider is an agreement entered into by Extreme Art Studio Franchising, LLC and the franchisee. The rider supplements the terms of the existing Franchise Agreement specifically in relation to the Extreme Art Studio business. In the event of any conflict between the Extreme Art Rider and the Franchise Agreement, the terms outlined in the Extreme Art Rider will take precedence.
For a prospective franchisee, this means that any additional terms or modifications to the original franchise agreement are documented in this rider. It is crucial to carefully review the Extreme Art Rider alongside the Franchise Agreement to fully understand the obligations, rights, and any specific conditions that apply to the Extreme Art Studio franchise.
It is important for potential franchisees to understand that the Extreme Art Rider can modify the original Franchise Agreement. Therefore, a careful review of both documents is essential to fully understand the terms of the franchise agreement.