Does the All Team General Release bind future officers of the Releasor?

According to All Team's 2025 Franchise Disclosure Document, the General Release extends to and binds the future officers of the Releasor. Specifically, the General Release extends to any and all of the Releasor's past, present, and future officers, directors, owners, employees, representatives, agents, trustees, successors, affiliates, and assigns, as well as their respective insurers and underwriters.

This means that any individual who holds or will hold a position as an officer in the franchisee's business is subject to the terms of the General Release. This ensures that All Team is protected from potential claims or liabilities arising from the actions of these individuals in their official capacities. The Releasor agrees to release All Team from any claims, demands, damages, liabilities, and costs associated with the franchise agreement or the franchisor-franchisee relationship.

For a prospective All Team franchisee, this clause underscores the importance of understanding the full scope of the General Release and its implications for anyone who might become an officer in their franchise. It is crucial to seek legal counsel to fully understand the rights and obligations under the General Release before signing it. This also highlights the need to ensure that all officers are aware of and comply with the terms of the franchise agreement and the General Release to avoid potential legal issues.