factual

Does the Floyds 99 rider to the development agreement for Maryland state that all representations require a signature?

Floyds_99 Franchise · 2025 FDD

Answer from 2025 FDD Document

| 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 | written. | | | IN WITNESS WHEREOF, the parties hereto have duly executed and delivered this Maryland | | | | Rider concurrently with the execution of the Development Agreement on the day and year first above | | | FLOYD'S 99 FRANCHISING, LLC | DEVELOPER (Print Name) | By: | | | By: | Title: | | | Title: | | | | |

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

What This Means (2025 FDD)

According to the 2025 Floyds 99 Franchise Disclosure Document, the rider to the development agreement for Maryland addresses representations made to prospective franchisees. Specifically, it states that all representations requiring prospective franchisees to agree to a release, estoppel, or waiver of liability do not act as a release, estoppel, or waiver of liability incurred under the Maryland Franchise Registration Disclosure Law.

This means that any agreement where a potential Floyds 99 franchisee in Maryland is asked to waive their rights or release the company from liability under Maryland's franchise laws is not valid. This provision protects the franchisee's rights under Maryland law, ensuring they cannot inadvertently forfeit legal protections through standard agreement clauses.

The rider also includes signature lines for both Floyds 99 Franchising, LLC and the Developer, indicating that the rider itself must be executed in writing by both parties. This written agreement ensures that both parties acknowledge and agree to the terms outlined in the Maryland Rider, providing a clear record of their understanding and commitment.

In summary, while the Maryland rider emphasizes the invalidity of certain waivers without explicitly mandating signatures on all representations, it does require a written agreement for the rider itself, offering some protection to the franchisee regarding their rights under Maryland law.

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.