factual

Does the All Team General Release extend to the Releasor's successors 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 be binding upon any and all of Releasor'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 Releasor's successors. Specifically, the General Release extends to and is binding upon 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 the release of claims applies not only to the Releasor (the franchisee) but also to those who may take over their interests or responsibilities in the future.

This provision is designed to protect All Team from potential future claims arising from the franchisee's operations or relationship with the company. By including successors, All Team aims to prevent future owners or managers of the franchise from bringing claims related to past events or agreements. This clause ensures that the release remains effective even if the franchise changes hands or undergoes restructuring.

For a prospective All Team franchisee, this means that any release signed as part of renewing the franchise, or consenting in connection with the Franchise Agreement, will bind not only them but also anyone who later acquires or manages the franchise. Franchisees should fully understand the implications of the General Release, as it has long-term effects on who can bring claims against All Team. It is advisable for franchisees to seek legal counsel to fully understand the scope and impact of this clause before signing the General Release.

The FDD also states that the Releasor certifies they have read and fully understand the General Release and have executed it after receiving full legal advice and disclosure as to their rights from legal counsel of their choice. This highlights the importance All Team places on ensuring franchisees are fully informed about the implications of the General Release before signing it.

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.