What exhibit number is the Sample General Release for Apricot Lane?
Apricot_Lane Franchise · 2025 FDDAnswer from 2025 FDD Document
EXHIBIT H TO THE COUNTRY VISIONS, INC. DISCLOSURE DOCUMENT
SAMPLE GENERAL RELEASE
[THIS IS ONLY A FORM. IT MAY BE MODIFIED IN THE FUTURE TO ACCOUNT FOR CHANGES IN THE LAW OR HOW WE OPERATE, OR AS APPROPRIATE FOR YOUR SPECIFIC TRANSACTION. THE TERMS OF RELEASE MAY BE MADE PART OF ANOTHER DOCUMENT CONTAINING ADDITIONAL TERMS AND CONDITIONS RELATIVE TO YOUR RENEWAL OR TRANSFER.]
GENERAL RELEASE
- 1. Release and Covenant Not to Sue by Franchisee and Owner. Except as provided below in Section 3, Franchisee and Owner for themselves and for each of their respective predecessors, shareholders, officers, directors, members, partners, owners, successors, assigns, affiliates, family members, heirs, executors, administrators and personal representatives and anyone claiming through or under them (collectively the "Franchisee Parties"), hereby release, acquit and forever discharge Franchisor and its predecessors, successors, assigns, parent company, subsidiaries, affiliates, officers, directors, stockholders, employees, attorneys, accountants and other representatives (collectively the "Franchisor Parties") of and from any and all claims, demands, debts, obligations, damages, causes of action and claims for relief of any nature whatsoever (the "Claims"), whether relating to the Franchised Business or any other transaction, event, circumstance, act or omission, whether known or unknown, fixed or contingent, which the Franchisee Parties or any of them have against the Franchisor Parties by reason of any matter, event or cause whatsoever occurring or arising at any time prior to and including the Effective Date of this Release stated above. Franchisee and Owner, for themselves and on behalf of the other Franchisee Parties, further covenant not to sue any of the Franchisor Parties on any of the Claims released by this paragraph and represent that Franchisee and Owner have not assigned any of the Claims released by this paragraph to any individual or entity who is not bound by this paragraph.
- 2. Waiver of Civil Code Section 1542. Franchisee and Owner for themselves and for each of the Franchisee Parties acknowledge a familiarity with Section 1542 of the Civil Code of the State of
Source: Item 22 — CONTRACTS (FDD page 51)
What This Means (2025 FDD)
According to the 2025 Apricot Lane Franchise Disclosure Document, the Sample General Release is included as Exhibit H. The document emphasizes that this is only a sample form and may be modified in the future to account for changes in the law, how Apricot Lane operates, or as appropriate for a franchisee's specific transaction. The terms of the release may also be part of another document containing additional terms and conditions relative to a renewal or transfer.
The General Release outlines the terms under which a franchisee and owner release Apricot Lane from any and all claims, demands, debts, obligations, damages, causes of action, and claims for relief. This release extends to matters relating to the Franchised Business or any other transaction, event, circumstance, act, or omission occurring before the effective date of the release. The franchisee and owner also agree not to sue Apricot Lane on any of the claims released.
Additionally, the franchisee and owner acknowledge their familiarity with Section 1542 of the Civil Code of the State of California, indicating an understanding of the implications of waiving unknown claims. This section typically addresses the release of claims that a party does not know or suspect to exist at the time of the release, which, if known, might have materially affected their decision to grant the release.