Are the agreements referenced in the State-Specific Riders exhibits for The Standardx?

According to The Standardx's 2025 Franchise Disclosure Document, Exhibit M lists the State-Specific Disclosures and Riders. Additionally, Exhibit L includes State-Specific Riders to agreements, including a form of release used upon renewal or transfer. These riders contain modifications or additions to the standard franchise agreement to comply with specific state laws.

The State-Specific Riders are designed to ensure that the franchise agreement adheres to the legal requirements of each state in which The Standardx operates. These riders may address issues such as franchise termination, renewal rights, dispute resolution, and other state-specific regulations. Franchisees should carefully review these riders to understand their rights and obligations under the laws of their particular state.

For instance, the FDD includes a Rider to the Hyatt Franchising, L.L.C. Confidentiality Agreement for use in Minnesota, noting that the offer or sale of the franchise was made in Minnesota, and/or the Brand Hotel would be located or operated in Minnesota. The rider specifies that it does not reduce the Company's rights as provided for in Minnesota Statutes. Similarly, there is a Rider to the Hyatt Franchising, L.L.C. Franchise Agreement for use in North Dakota.

Prospective franchisees should pay close attention to these state-specific riders, as they can significantly impact the terms of their franchise agreement and their relationship with The Standardx. It is advisable to seek legal counsel to fully understand the implications of these riders in their specific state.