What agreements have state-specific riders attached as exhibits for The Standardx franchise?

According to The Standardx's 2025 Franchise Disclosure Document, several agreements may have state-specific riders attached as exhibits. Exhibit M contains state-specific disclosures and riders to the franchise disclosure document. Additionally, Exhibit L includes state-specific riders to agreements, including the form of release used upon renewal or transfer. These riders are designed to address specific legal requirements or considerations within those states.

For prospective franchisees, this means that the terms of the franchise agreement and related documents can vary depending on the state in which the franchise is located or where the franchisee resides. These state-specific riders can modify or supplement the standard terms of the franchise agreement to comply with local laws. For example, the FDD includes a rider to the confidentiality agreement for use in Minnesota and a rider to the franchise agreement for use in North Dakota.

It is important for franchisees to carefully review these state-specific riders to understand their rights and obligations under the franchise agreement in their particular state. The riders may cover a range of issues, such as dispute resolution, governing law, limitations of claims, and acknowledgments. For instance, the Maryland rider includes provisions related to releases, dispute resolution, governing law, and limitations of claims under the Maryland Franchise Registration and Disclosure Law.

Prospective franchisees should pay close attention to these state-specific provisions and seek legal counsel to ensure they fully understand the implications of these riders in their specific circumstances. This is a common practice in franchising, as state laws often require specific disclosures or modifications to franchise agreements to protect franchisees.