Is there a specific date mentioned in the Floyds 99 rider to the development agreement for Maryland?
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 | ||
|---|---|---|---|
| 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 |
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 space for the agreement to be dated '20__'. This indicates that the rider is intended to be executed concurrently with the development agreement.
This means that the specific date would be filled in at the time the agreement is signed by both Floyds 99 and the developer. The rider itself does not contain a pre-specified date, but rather a placeholder for the date of execution.
Prospective franchisees should ensure that the date on the Maryland Rider matches the date on the Development Agreement to ensure that all documents are executed at the same time and are legally consistent.