factual

Does the All Team General Release extend to the Franchisor's future officers?

All_Team Franchise · 2025 FDD

Answer from 2025 FDD Document

Releasor hereby understands and agrees that this General Release shall extend to and inure to the benefit of Franchisor and any and all of Franchisor's past, present and future officers, directors, owners, employees, representatives, agents, trustees, successors, affiliates and assigns, and their respective insurers and underwriters.

Source: Item 22 — CONTRACTS (FDD pages 33–34)

What This Means (2025 FDD)

According to All Team's 2025 Franchise Disclosure Document, the General Release extends to the franchisor's future officers. The document states that the release benefits All Team and its past, present, and future officers, directors, owners, employees, representatives, agents, trustees, successors, affiliates, and assigns, including their insurers and underwriters. This means that the franchisee, as the Releasor, releases All Team and its associated parties from any claims, demands, or liabilities related to the franchise agreement.

This provision has significant implications for prospective All Team franchisees. By signing the General Release, franchisees waive their rights to pursue legal action against All Team and its specified parties, including future officers, for any issues arising from the franchise agreement or the franchisor-franchisee relationship. This waiver covers a broad range of potential claims, whether known or unknown at the time of signing.

Franchisees should carefully consider the scope of this release and understand that it supersedes any prior agreements. It is advisable to seek legal counsel to fully comprehend the implications of the General Release before signing. Franchisees should also be aware that the General Release is governed by the laws of the state where All Team's principal place of business is located, without regard to conflicts of law principles. This could impact how the release is interpreted and enforced.

While such general releases are common in franchising, the breadth of parties covered—including future officers—is something a franchisee should carefully evaluate. It is important to understand what recourse, if any, a franchisee would have against future management of All Team.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.