Does the Bambu Successor Franchise Rider release claims arising from transactions with Bambu Affiliates?

According to the 2025 Bambu Franchise Disclosure Document, the Successor Franchise Rider does include a release of claims against Bambu Affiliates. To exercise the option for a successor franchise, the franchisee must execute a successor franchise rider in the form designated by Bambu, which contains a general release of any and all claims against Bambu and its affiliates, and their respective officers, directors, employees, and agents arising out of or relating to the Franchise Agreement.

This means that by signing the Successor Franchise Rider, the franchisee agrees to release Bambu and its affiliates from any claims, demands, obligations, actions, liabilities, and damages of every kind and nature, whether known or unknown, that the franchisee or their affiliates may have against Bambu or its affiliates. This release extends to claims arising from any relationship or transaction with Bambu or its affiliates, the Franchise Agreement or any related agreements, and the franchise relationship itself, from the beginning of time until the date of the Rider.

However, there are some exceptions to this general release. For franchisees in Hawaii, any release executed will not apply to any claims that may arise under the Hawaii Franchise Investment Law. Additionally, nothing in the Rider is intended to disclaim any representations made by Bambu in the most recent franchise disclosure document provided to the franchisee in connection with any exercise of successor franchise rights. Franchisees in California, Montana, and North Dakota also acknowledge that they are waiving certain protections under state law related to unknown claims.