factual

What parties are released from claims by the Basecamp Fitness franchisee under the general release?

Basecamp_Fitness Franchise · 2025 FDD

Answer from 2025 FDD Document

| FRANCHISEE: | | | | | | | PERSONAL GUARANTORS: | | | | | | | Individually | | | Individually | | | | Print Name | | | Print Name | | | | Address | | | Address | | | | City | State | Zip Code | City | State | Zip Code | | Telephone | | | | Telephone | | | | | | | | |

It is further understood and agreed by the undersigned that the provisions, covenants and

GENERAL RELEASE

In consideration of the agreement of BASECAMP FITNESS FRANCHISOR LLC ("Franchisor") to allow ("Franchisee") to [RENEW OR TRANSFER] its Franchise Agreement dated between Franchisee and Franchisor ("Agreement"), Franchisee hereby releases and forever discharges Franchisor, and its affiliates, as well as their current or former members, directors, officers, employees and agents, in their corporate and individual capacities, and their respective heirs, personal representatives, successors and assigns, from any and all claims Franchisee may have against such parties known and unknown, foreseen and unforeseen, from the beginning of time to the date hereof, whether in law or in equity, including, but not limited to, any claims arising out of the offer or sale of any franchise to Franchisee, and any matters arising under the Agreement or under any other agreement between Franchisee and Franchisor or its affiliates.
The general release does not apply with respect to claims arising under the Washington Franchise Investment
Protection Act, RCW 19.100, and the rules adopted thereunder.

Source: Item 22 — CONTRACTS (FDD pages 61–62)

What This Means (2025 FDD)

According to Basecamp Fitness's 2025 Franchise Disclosure Document, when a franchisee renews or transfers their franchise agreement, they must provide a general release. This release discharges Basecamp Fitness Franchisor LLC, including its affiliates, current or former members, directors, officers, employees, and agents in both their corporate and individual capacities. The release also extends to their respective heirs, personal representatives, successors, and assigns. This means the franchisee agrees not to sue these parties for any claims they may have, whether known or unknown, from the beginning of time up to the date of the release. These claims encompass those arising from the franchise offer or sale, or any matters related to the Franchise Agreement or other agreements with Basecamp Fitness or its affiliates.

This general release is broad, covering almost any type of claim a franchisee might have against the released parties. However, there are some limitations. For example, the release does not apply to claims arising under the Washington Franchise Investment Protection Act. Furthermore, in California, while the release is intended to cover all known and unknown claims, franchisees expressly waive Section 1542 of the California Civil Code, which protects against releasing claims they didn't know about at the time of signing the release.

For a prospective Basecamp Fitness franchisee, this means understanding the full scope of the release before signing it during a renewal or transfer. It is crucial to be aware of any potential claims against Basecamp Fitness and its related parties and to consider the implications of waiving those claims. Franchisees should consult with an attorney to fully understand their rights and the impact of the general release, especially in states like Washington and California where specific laws and provisions may affect the release's enforceability.

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.