Does the 'Release' for a Baya Bar franchise involve the franchisee's principals?

According to Baya Bar's 2024 Franchise Disclosure Document, the general release of claims involves only the franchisee and not necessarily the franchisee's principals. Specifically, the franchisee must execute a general release of all claims against Baya Bar Franchise Systems, LLC, its parent, subsidiaries and affiliates, its officers, directors, shareholders, agents, and employees, whether in their corporate and/or individual capacities. This release encompasses all claims arising under any federal, state, or local law, rule, or ordinance.

This requirement is part of the conditions a franchisee must meet to obtain a Successor Franchise Agreement. The franchisee needs to provide this release, along with fulfilling other obligations such as completing additional training, securing the premises for the new term, performing required remodeling, and paying the Successor Agreement Fee.

While the document specifies that the franchisee must provide a release, it does not explicitly state that the franchisee's principals must also provide a release. Therefore, a prospective franchisee should confirm with Baya Bar whether principals are also required to sign a release to fully understand the scope of the release obligations.