Does the waiver of liability in the Amerispec Inspection Services agreement extend to the Company's directors?

According to the 2025 Amerispec Inspection Services Franchise Disclosure Document, a general release must be executed by the franchisee, their owners, and affiliates, as well as any assignee, to include the Company and its officers and directors. This release must be in a form and substance that is satisfactory to Amerispec Inspection Services.

This means that if a franchisee decides to sell or transfer their franchise, a condition of that sale is that they must sign a release that waives any claims against Amerispec Inspection Services, its officers, and directors. This requirement protects Amerispec Inspection Services from potential future lawsuits or liabilities arising from the franchisee's operation of the business before the transfer.

For a prospective Amerispec Inspection Services franchisee, this implies that when considering a future sale of the franchise, they will be required to release Amerispec Inspection Services and its leadership from any potential claims. This could have implications if there are any ongoing disputes or potential liabilities at the time of the transfer. It is advisable to seek legal counsel to fully understand the scope and implications of such a release before signing it.