Are the State-Specific Riders for The Standardx franchise agreements included as exhibits in the disclosure document?

According to The Standardx's 2025 Franchise Disclosure Document, state-specific disclosures and riders are included as part of the exhibits. Specifically, Exhibit M to the Franchise Disclosure Document contains these state-specific items. This is important for prospective franchisees because the franchise laws vary by state, and these riders contain additional disclosures or modifications to the standard franchise agreement that are required in certain states.

The inclusion of state-specific riders ensures that The Standardx franchise agreement complies with the franchise laws of each state where it offers franchises. These riders may address issues such as waivers, disclaimers, and choice of law or forum provisions, which can significantly impact a franchisee's rights and obligations. For example, certain states like California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Rhode Island, South Dakota, Virginia, Washington, and Wisconsin, do not allow franchisees to waive claims under state franchise law or disclaim reliance on franchisor statements.

Prospective franchisees should carefully review Exhibit M to understand the specific requirements and protections afforded to them under their state's franchise laws. They should also consult with an attorney experienced in franchise law to ensure that their rights are fully protected and that they understand the implications of any state-specific provisions. The FDD also mentions that other states may require registration, filing, or exemption of a franchise under other laws, such as those that regulate the offer and sale of business opportunities or seller-assisted marketing plans.