Who are considered the 'Released Parties' in the Beauty Bungalows Full and Final Release?
Beauty_Bungalows Franchise · 2025 FDDAnswer from 2025 FDD Document
The undersigned franchisee (the "Franchisee") and its shareholders, members, officers, guarantors, employees, heirs, agents, representatives, successors, assigns, and directors ("Releasing Parties") do hereby release and forever discharge Beauty Bungalows Franchising, LLC ("the Franchisor"), and its parent companies, subsidiaries, affiliates, successors, agents, assigns, officers, directors, shareholders, employees, representatives, and any and all other persons, firms and corporations whatsoever ("Released Parties"), from any and all claims, demands, damages, actions, causes of action, or suits of any kind or nature whatsoever, both known and unknown, breach of contract, defamation, and any claims whatsoever.
Source: Item 22 — CONTRACTS (FDD pages 47–48)
What This Means (2025 FDD)
According to Beauty Bungalows' 2025 Franchise Disclosure Document, the 'Released Parties' in the Full and Final Release include Beauty Bungalows Franchising, LLC (the Franchisor). This also extends to the franchisor's parent companies, subsidiaries, affiliates, successors, agents, assigns, officers, directors, shareholders, employees, representatives, and any and all other persons, firms and corporations whatsoever.
This definition is important because it specifies exactly who is protected from any potential claims or legal actions by the franchisee upon transfer of the franchise or other designated purposes. The release covers a broad range of potential claims, including those that are known and unknown, breach of contract, defamation, and any other claims.
For a prospective Beauty Bungalows franchisee, understanding this definition is crucial. It clarifies that not only is Beauty Bungalows Franchising, LLC protected by the release, but also a wide array of related entities and individuals. This ensures comprehensive protection for the franchisor and its associates from any legal recourse by the franchisee under the conditions outlined in the release.