Does Fly To Fit assume any obligation as a tenant under the lease by executing the Rider?

According to Fly To Fit's 2024 Franchise Disclosure Document, Fly To Fit does not assume any liability with respect to the leased premises or any obligation as a tenant under the lease by executing the Rider. This means that the franchisee, not Fly To Fit, is responsible for all lease obligations.

However, the Rider to the lease agreement provides Fly To Fit with certain rights and options related to the leased premises. For example, Fly To Fit has the option to cure any default under the lease if the tenant fails to do so, and the option to enter into a new lease with the landlord if the lease is terminated due to the tenant's default. Additionally, if the Franchise Agreement is terminated, the tenant must assign the lease to Fly To Fit upon written request.

Furthermore, Fly To Fit has the right to enter the premises to remove its signs and trademarks upon the expiration or termination of the Franchise Agreement or the lease. While Fly To Fit has these rights, it is important to reiterate that the franchisee remains primarily liable for the lease obligations, and Fly To Fit's execution of the Rider does not change this.