factual

Does the Angry Chickz general release cover claims related to the Development Agreement?

Angry_Chickz Franchise · 2025 FDD

Answer from 2025 FDD Document

ou to sign a general release.*]

THIS GENERAL RELEASE ("Release") is executed on by
("Franchisee") and/or
("Guarantors") as a condition of (1) the
transfer of the ANGRY CHICKZ FRANCHISING LLC Franchise Agreement dated
between ANGRY CHICKZ FRANCHISING LLC ("Angry Chickz") and Franchisee ("Franchise
Agreement") or the ANGRY CHICKZ FRANCHISING LLC Development Agreement dated
between ANGRY CHICKZ and Franchisee ("Development Agreement"); or (2) the
execution of a renewal Franchise Agreement by Franchisee and ANGRY CHICKZ.
  • 1. Release by Franchisee and Guarantors. If Franchisee is an entity, Franchisee (on behalf of itself and its parents, subsidiaries and affiliates and their respective past and present officers, directors, shareholders, agents and employees, in their corporate and individual capacities) and Guarantors (on behalf of themselves and their respective heirs, representatives, successors and assigns) or, if Franchisee is an individual, Franchisee (on behalf of himself/herself and his/her heirs, representatives, successors and assigns) (collectively, "Releasors") freely and without any influence forever release ANGRY CHICKZ, its parent, subsidiaries and affiliates and their respective past and present officers, directors, shareholders, agents and employees, in their corporate and individual capacities (collectively, "Releasees"), with respect to any and all claims, demands, liabilities and causes of action of whatever kind or nature, whether known or unknown, vested or contingent, suspected or unsuspected (collectively, "Claims"), which any Releasor ever owned or held, now owns or holds or may in the future own or hold, including, without limitation, claims arising under federal, state and local laws, rules and ordinances and claims arising out of, or relating to, the Development Agreement and/or Franchise Agreement and all other agreements between any Releasor and any Release arising out of, or relating to any act, omission or event occurring on or before the date of this Release, unless prohibited by applicable law. This general release shall not apply to any liability under the Maryland Franchise Registration and Disclosure Law.
  • 2. Risk of Changed Facts. Franchisee and Guarantors understand that the facts in respect of which the release in Section 1 is given may turn out to be different from the facts now known or believed by them to be true.

Source: Item 23 — RECEIPTS (FDD pages 54–260)

What This Means (2025 FDD)

According to the 2025 Angry Chickz Franchise Disclosure Document, the general release executed by the franchisee covers claims arising out of, or relating to, the Development Agreement. The release includes all claims, demands, liabilities, and causes of action, whether known or unknown, that the franchisee ever owned, holds, or may own in the future. This release applies to claims arising under federal, state, and local laws, rules, and ordinances.

This means that by signing the general release, an Angry Chickz franchisee waives their rights to sue Angry Chickz for issues related to the Development Agreement, with some exceptions. This waiver includes unknown or unsuspected claims, which means a franchisee cannot later claim they were unaware of the issue when they signed the release.

However, the general release does not apply to any liability under the Maryland Franchise Registration and Disclosure Law, the Washington Franchise Investment Protection Act, or the rules adopted under those acts. Additionally, California law voids a waiver of rights under the Franchise Investment Law and the Franchise Relations Act. Therefore, franchisees in those states retain certain protections despite signing the general release.

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.