What sections of The Standardx Franchise Agreement are modified by the addition of language regarding liquidated damages, according to the North Dakota Rider?

According to The Standardx's 2025 Franchise Disclosure Document, the North Dakota Rider modifies specific sections related to liquidated damages within the franchise agreement. Specifically, the rider includes language that the Commissioner has determined termination or liquidated damages to be unfair, unjust, and inequitable under North Dakota Franchise Investment Law. However, The Standardx and the franchisee agree to enforce these provisions to the extent the law allows.

Additionally, the North Dakota Rider modifies the "Remarks" column of the Item 6 chart of the Franchise Disclosure Document, specifically addressing "Royalty fee upon termination," "Liquidated damages upon condemnation," and "Liquidated damages upon termination." This indicates that the standard terms regarding these fees and damages are subject to the stipulations within the North Dakota Rider, potentially limiting their enforceability.

Prospective franchisees in North Dakota should carefully review the North Dakota Rider in conjunction with Item 6 and other relevant sections of the Franchise Agreement to fully understand the implications of these modifications. They should also seek legal counsel to ensure they understand their rights and obligations under North Dakota law.