Is there a geographic limit to the applicability of the Maryland Addendum for Fly To Fit?
Fly_To_Fit Franchise · 2024 FDDAnswer from 2024 FDD Document
ign; (C) promotional materials; or (D) display decorations or materials; at an expense to the franchisee that is indeterminate, determined by a third party, or determined by a formula, unless the franchise agreement specifies the maximum percentage of gross monthly sales or the maximum absolute sum that the franchisee may be required to pay.
- 3. Effective Date. This Rider is effective as of the Effective Date.
Agreed to by:
| State | Effective Date | |---|---| | Florida | Pending | | New York | Pending |
MARYLAND RIDER TO FRANCHISE AGREEMENT AND MULTI-UNIT DEVELOPMENT AGREEMENT
Limited Liability Company ("Fly To Fit Franchise") and, a ("Franchisee"). 1. Capitalized terms used but not defined in this Rider have the meanings given Definitions. in the Agreement. The "Maryland Franchise Law" means the Maryland Franchise Registration and Disclosure Law, Business Regulation Article, §14-206, Annotated Code of Maryland. 2. Releases, Estoppels and Waivers of Liability. 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 Law. 3. which provides for a period of Statute of Limitations.
Source: Item 23 — RECEIPTS (FDD pages 44–134)
What This Means (2024 FDD)
According to the 2024 Fly To Fit Franchise Disclosure Document, the Maryland Rider to the Franchise Agreement and Multi-Unit Development Agreement is specifically applicable to franchisees in Maryland. This addendum modifies certain provisions of the standard Fly To Fit franchise agreement to ensure compliance with the Maryland Franchise Law.
The Maryland Rider includes stipulations that protect the franchisee's rights under Maryland law. Specifically, it states that any releases, estoppels, or waivers of liability required by Fly To Fit will not act as a waiver of any liability incurred under the Maryland Franchise Law. It also ensures that the franchisee retains the right to file a lawsuit in a Maryland court for any cause of action arising under the Maryland Franchise Law.
Furthermore, the addendum addresses the statute of limitations for actions under the Maryland Franchise Law, stating that any provision in the agreement that limits the time for bringing a cause of action will not apply, and the franchisee has three years to bring an action under Maryland law. This ensures that Maryland Fly To Fit franchisees receive the full protection of their state's franchise laws, without restrictions imposed by the standard franchise agreement.