factual

Where can I find the current form of Lease Rider that Face Foundrie uses?

Face_Foundrie Franchise · 2025 FDD

Answer from 2025 FDD Document

Our current form of Lease Rider is attached as Exhibit G to the Franchise Agreement.

Source: Item 8 — RESTRICTIONS ON SOURCES OF PRODUCTS AND SERVICES (FDD pages 27–31)

What This Means (2025 FDD)

According to Face Foundrie's 2025 Franchise Disclosure Document, the current form of the Lease Rider is attached as Exhibit G to the Franchise Agreement. Face Foundrie requires franchisees to secure a retail space that meets their standards. Before executing a lease, Face Foundrie has the right to review, evaluate, and approve the proposed lease.

Face Foundrie may require a Lease Rider, which grants them the right to assume the franchisee's lease obligations if the Franchise Agreement is terminated or expires, or if the franchisee breaches the lease agreement. Franchisees may be required to provide executed copies of the lease and Lease Rider within five days of Face Foundrie's request.

This requirement ensures that Face Foundrie can maintain control over the location of its franchises, even if a franchisee fails to meet their obligations. It is a common practice in franchising to protect the brand's presence and operational continuity. Prospective franchisees should carefully review Exhibit G to understand the terms and conditions of the Lease Rider and its implications for their lease agreement.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.