Who is the All Team franchise agreement binding upon?

According to All Team's 2025 Franchise Disclosure Document, the franchise agreement is binding upon several parties, including the franchisee, their officers, directors, owners, employees, representatives, agents, trustees, successors, affiliates, and assigns, as well as their respective insurers and underwriters. This broad scope ensures that the obligations and benefits of the agreement extend beyond the individual franchisee to encompass related entities and individuals involved in the operation of the franchise.

Specifically, the "General Release" outlined in the FDD extends to all of these parties, meaning that any claims or liabilities associated with the franchise agreement can affect not only the franchisee but also those affiliated with them. This is particularly relevant in the context of renewals, assignments, or transfers of the franchise agreement, where the release applies to past, present, and future relationships.

Furthermore, the FDD includes a "Guaranty and Assumption of Obligations" section, which stipulates that guarantors are personally bound by the agreement. These guarantors are responsible for ensuring the franchisee fulfills all obligations, including financial and operational requirements. This provision adds another layer of accountability, as guarantors can be held liable for any breaches or debts incurred by the franchisee. Therefore, prospective franchisees and their guarantors should carefully review the terms of the franchise agreement to fully understand their respective obligations and potential liabilities.