What section of the Floyds 99 Franchise Agreement is entirely deleted and replaced by the rider?
Floyds_99 Franchise · 2025 FDDAnswer from 2025 FDD Document
| This Rider to the Franchise Agreement by and between Floyd's 99 Franchising, LLC and Franchisee is dated, 20 |
|---|
| 1. |
| Section 24.4 is deleted in its entirety and the following is substituted in its place: |
| 24.4 |
| Governing Law/Consent to Venue and Jurisdiction. |
| Except to the extent |
| governed by the United States Trademark Act of 1946 (Lanham Act, 15 U.S.C. Sections 1051 et |
| seq.), or other federal law, Illinois law governs this Agreement. |
Section 18.6 is deleted and the following is inserted in its place:
Section 24.5 is deleted, and the following is inserted in its place:
Source: Item 23 — RECEIPT (FDD pages 58–229)
What This Means (2025 FDD)
According to the 2025 Floyds 99 Franchise Disclosure Document, the specific sections of the Franchise Agreement that are entirely deleted and replaced by a rider depend on the state where the franchise is located. For franchisees in Illinois, Section 24.4 is deleted in its entirety and replaced by the terms outlined in the Illinois Rider. For franchisees in New York, Section 18.6 is deleted and replaced. For franchisees in Minnesota, Section 24.5 is deleted and replaced.
These modifications are implemented through state-specific riders to the standard Floyds 99 Franchise Agreement. These riders address specific legal requirements and franchise laws within those states. The changes ensure that the franchise agreement complies with local regulations and protects the rights of the franchisee as defined by state law.
For a prospective Floyds 99 franchisee, it is crucial to carefully review the rider applicable to their specific state. Understanding these state-specific modifications is essential to fully grasp their rights and obligations under the franchise agreement. Franchisees should consult with a legal professional to ensure they understand the implications of these changes and how they affect their investment and operation of a Floyds 99 franchise.