Does the Annex Brands General Release require me to conduct an independent investigation?
Annex_Brands Franchise · 2025 FDDAnswer from 2025 FDD Document
FRANCHISE(S)}.
You expressly assume the risk of any mistake of fact or fact of which you may be unaware or that the true facts may be other than any facts now known or believed to exist by you, and it is your intention to forever settle, adjust and compromise any and all present and/or future disputes with respect to all matters from the beginning of time to the date of this document finally and forever and without regard to who may or may not have been correct in their understanding of the facts, law or otherwise. All releases given by you are intended to constitute a full, complete, unconditional and immediate substitution for any and all rights, claims, demands and causes of action whatsoever which exist, or might have existed, on the date of this document. You represent and warrant that you have made such independent investigation of the facts, law and otherwise pertaining to all matters discussed, referred to or released in or by this document as you, in your independent judgment, believe necessary or appropriate. You have not relied on any statement, promise, representation or otherwise, whether of fact, law or otherwise, or lack of disclosure of any fact, law or otherwise, by the Franchisor-Related Persons/Entities or anyone else, not expressly set forth herein, in executi
Source: Item 23 — Receipts (FDD pages 110–299)
What This Means (2025 FDD)
According to Annex Brands's 2025 Franchise Disclosure Document, the General Release requires that you, as the franchisee, represent and warrant that you have conducted an independent investigation of the facts, laws, and other aspects pertaining to the matters covered in the release. This means you are expected to have thoroughly examined all relevant information before signing the release.
By signing the General Release, you also acknowledge that you are assuming the risk of any mistakes of fact or law that you may be unaware of. This includes the possibility that the true facts may differ from what you currently know or believe. The intention is to settle all present and future disputes without considering who may have been correct in their understanding of the facts, law, or other relevant aspects.
Furthermore, the release is intended to serve as a complete and unconditional substitution for any rights, claims, demands, and causes of action that currently exist or might have existed on the date of the document. You also confirm that you have not relied on any statements, promises, representations, or lack of disclosure by Annex Brands or related parties, unless those statements are expressly included in the release.