factual

In the Floyds 99 Development Agreement Rider for Maryland, what is the significance of Sections 13.2 and 13.16?

Floyds_99 Franchise · 2025 FDD

Answer from 2025 FDD Document

| | 3. | The following statement is added to the end of Sections 13.2 and 13.16: | | | | Law. | | All representations requiring prospective franchisees to assent to a release, | | | | estoppel or waiver of liability are not intended to nor shall they act as a release, estoppel | | | | or waiver of any liability incurred under the Maryland Franchise Registration Disclosure |

Source: Item 23 — RECEIPT (FDD pages 58–229)

What This Means (2025 FDD)

According to the 2025 Floyds 99 Franchise Disclosure Document, the Maryland Rider to the Development Agreement includes a statement addressing Sections 13.2 and 13.16. This statement clarifies that any representations requiring prospective franchisees to agree to a release, estoppel, or waiver of liability do not act as a release, estoppel, or waiver of any liability incurred under the Maryland Franchise Registration Disclosure Law.

In simpler terms, this means that even if certain clauses in the franchise agreement seem to suggest that a franchisee is giving up their right to hold Floyds 99 accountable, these clauses will not be interpreted as a waiver of rights under Maryland's franchise law. This is significant because Maryland franchisees retain their legal protections and rights under state law, regardless of what the standard franchise agreement might imply.

This type of provision is included to ensure compliance with state franchise laws, which often have specific regulations to protect franchisees. Prospective Floyds 99 franchisees in Maryland should understand that this rider strengthens their position by preventing unintentional waivers of their rights under Maryland franchise law. It is advisable to consult with a legal professional to fully understand the implications of this rider and how it interacts with the rest of the franchise 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.