factual

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

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 past officers. The document states that the General Release benefits not only the Franchisor (All Team Franchise Corporation) but also extends to any and all of the Franchisor's past, present, and future officers, directors, owners, employees, representatives, agents, trustees, successors, affiliates, and assigns, including their respective insurers and underwriters.

This means that by signing the General Release, the franchisee is releasing All Team and all of the listed parties, including past officers, from any claims, demands, damages, or liabilities related to the franchise agreement or the franchisor-franchisee relationship. This release covers all claims, whether known or unknown, that the franchisee has or may have against these parties.

For a prospective All Team franchisee, this implies that they are giving up their right to sue or make any claims against All Team's past officers, even for actions that may have occurred before the franchise agreement was signed. Franchisees should carefully consider the implications of this broad release and seek legal advice to understand the full extent of their rights and obligations before signing the General Release. This is a standard practice in franchising, but the scope of the release can vary, so it's important to be aware of what you are agreeing to.

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.