What are the key components that make up the Extreme Art Rider for Extreme Art Studio?
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 the 2024 Extreme Art Studio Franchise Disclosure Document, the Extreme Art Rider is an agreement entered into between Extreme Art Studio Franchising, LLC, and the franchisee. The rider is effective as of the date on the signature page and supplements the terms of the existing Franchise Agreement specifically in relation to the Extreme Art Studio business.
In essence, the Extreme Art Rider modifies the original Franchise Agreement. If there are conflicts between the Franchise Agreement and the Extreme Art Rider, the terms outlined in the Extreme Art Rider will take precedence.
Prospective franchisees should carefully review both the Franchise Agreement and the Extreme Art Rider to understand their rights and obligations. It is important to understand how the Rider changes the original agreement.