Who executes the 1 800 Packouts General Release?
1_800_Packouts Franchise · 2025 FDDAnswer from 2025 FDD Document
| THIS GENERAL RELEASE ("Release") is executed on |
|---|
| by |
| ("Franchisee"), |
| ("Guarantors"), |
| ("Transferee") as a condition of (1) |
| the transfer of the Franchise Agreement |
| dated [month] [day], [year] |
| between 1-800-Packouts Holdco, LLC ("Franchisor") and Franchisee ("Franchise Agreement"); or |
| (2) |
| the execution of a successor Franchise Agreement by Franchisee and Franchisor. (If this Release is |
| executed under the conditions set forth in (2) above, all references in this Release to "Transferee" should |
| be ignored.) |
| This Release does not apply to claims arising under the Washington Franchise Investment |
| Protection Act, chapter 19.100 RCW, or the rules adopted thereunder. |
Source: Item 23 — RECEIPT (FDD pages 67–238)
What This Means (2025 FDD)
According to the 2025 1 800 Packouts Franchise Disclosure Document, the General Release is executed by the franchisee, any guarantors, and any transferee as a condition of transferring the Franchise Agreement or executing a successor Franchise Agreement. If the release is executed as part of a successor agreement, references to the transferee are ignored.
It's important to note that this release does not apply to claims arising under the Washington Franchise Investment Protection Act. Furthermore, riders to the franchise agreement for use in states like Maryland, North Dakota, and Minnesota include stipulations that general releases signed as a condition of transfer or renewal may not apply to claims arising under those states' franchise laws.
Prospective franchisees should carefully review the General Release and any applicable state-specific riders with legal counsel to understand the full scope of the release and its implications for their rights and obligations. Understanding these conditions is crucial before signing any agreements or making payments to 1 800 Packouts.