Is the Angry Chickz general release signed when purchasing the franchise?
Angry_Chickz Franchise · 2025 FDDAnswer from 2025 FDD Document
meeting, achieving and maintaining the Standards, and (iii) is principally reasonable for ensuring that Developer's employees and
independent contractors are so trained and retrained from time to time and are performing to meet, achieve and maintain the Standards.
"Venue" means any location that is not a Non-Traditional Venue.
Exhibit C
General Release
FORM OF GENERAL RELEASE
[This is our current standard form of General Release. This document is not signed when you purchase a franchise. In circumstances such as a renewal of your franchise or as a condition of our approval of a sale or transfer of your franchise, we may require you 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. Franchisee and Guarantors hereby accept and assume the risk of the facts turning out to be different and agree that the release in Section 1 shall nevertheless be effective in all respects and not subject to termination or rescission by virtue of any such difference in facts.
- 3. Waiver of Section 1542.
Source: Item 23 — RECEIPTS (FDD pages 54–260)
What This Means (2025 FDD)
According to the 2025 Angry Chickz Franchise Disclosure Document, a general release is executed as a condition of transferring an existing franchise agreement or development agreement, or when executing a renewal franchise agreement. The general release involves the franchisee and any guarantors releasing Angry Chickz from any and all claims, demands, liabilities, and causes of action related to the franchise. This release covers both known and unknown claims, unless prohibited by applicable law.
Specifically, the franchisee and guarantors release Angry Chickz, its parent, subsidiaries, affiliates, and their respective officers, directors, shareholders, agents, and employees from any claims. This includes claims arising under federal, state, and local laws, rules, and ordinances, as well as claims related to the Development Agreement, Franchise Agreement, and other agreements between the parties. The release applies to any act, omission, or event occurring on or before the date of the release.
However, the general release does not apply to any liability under the Maryland Franchise Registration and Disclosure Law or claims arising under the Washington Franchise Investment Protection Act. Franchisees and guarantors also acknowledge that facts related to the release may change and they assume the risk of such changes. The terms of the release are to remain confidential, except when disclosure is required by law or court order. Angry Chickz and its affiliates are considered third-party beneficiaries under this release.
In practical terms, this means that as a prospective Angry Chickz franchisee, you will likely be required to sign a general release when renewing or transferring your franchise. This release is a significant legal document, and it is advisable to have it reviewed by an independent legal counsel to fully understand its implications. The FDD also indicates that the franchisee and guarantors acknowledge they have been represented by independent counsel during negotiations and have executed the release with their counsel's consent and advice.