What section of the Floyds 99 Development Agreement does the first addition modify?
Floyds_99 Franchise · 2025 FDDAnswer from 2025 FDD Document
| Developer is dated, 20 | This Rider to the Development Agreement by and between Floyd's 99 Franchising, LLC and | ||
|---|---|---|---|
| 1. | The following sentence is added at the end of Section 8.2.f: | ||
| arise under the Minnesota Franchise Act. | Any release executed in connection herewith will not apply to any claims that may |
Source: Item 23 — RECEIPT (FDD pages 58–229)
What This Means (2025 FDD)
According to the 2025 Floyds 99 Franchise Disclosure Document, the first addition in the rider to the Development Agreement modifies Section 8.2.f. The addition specifies that any release executed in connection with the agreement will not apply to claims arising under the Minnesota Franchise Act. This is relevant to developers in Minnesota.
This modification ensures that Floyds 99 developers in Minnesota retain their rights under the Minnesota Franchise Act, regardless of any releases signed related to the Development Agreement. This protects the franchisee from unintentionally waiving their legal rights under state law.
It is common practice for franchise agreements to be subject to state-specific addenda or riders to ensure compliance with local laws. This clause appears to be a standard provision to protect franchisees' rights in Minnesota, which has specific franchise protection statutes.