Does the Face Foundrie Franchise Agreement include a Lease Rider as Exhibit G?

According to the 2025 Face Foundrie FDD, Exhibit G to the Franchise Agreement is the Form of Release Agreement. However, the FDD also discusses a Lease Rider. The Lease Rider ensures that the lease incorporates specific provisions that protect Face Foundrie's interests as a franchisor.

The Lease Rider outlines several key protections for Face Foundrie. It ensures the landlord acknowledges Face Foundrie's rights to the trademarks and the franchise agreement. It also addresses the collateral assignment of the lease to Face Foundrie, allowing them to step in if the franchisee defaults. Additionally, the Lease Rider stipulates that the lease cannot be terminated, modified, or amended without Face Foundrie's written consent, giving them oversight over any changes to the lease terms.

These provisions in the Lease Rider are designed to protect Face Foundrie's investment and brand integrity. By having the ability to assume the lease and control modifications, Face Foundrie can maintain consistent operations and standards even if an individual franchisee faces difficulties. This is a common practice in franchising, as it safeguards the franchisor's system and reputation.

Prospective Face Foundrie franchisees should carefully review the Lease Rider and understand its implications. It is important to ensure that the lease agreement for their chosen location aligns with the requirements of the Lease Rider to avoid potential conflicts or issues down the line. Understanding these lease-related obligations is a crucial part of the due diligence process for any new franchise location.