Besides Bee Organized Enterprises, LLC, who else is included in the definition of 'Releasee'?
Bee_Organized Franchise · 2025 FDDAnswer from 2025 FDD Document
In Favor of, Bee Organized Enterprises, LLC, a Kansas limited liability company with a principal address at 4350 West 107th Street, Overland Park, Kansas 66207, and Bee Organized Enterprises, LLC's predecessors, affiliates, successors, assigns, officers, directors, managers, employees, and agents (hereinafter individually, jointly, severally, and collectively referred to as the "Releasee").
Source: Item 23 — RECEIPTS (FDD pages 54–218)
What This Means (2025 FDD)
According to Bee Organized's 2025 Franchise Disclosure Document, the term "Releasee" encompasses more than just Bee Organized Enterprises, LLC. It is a collective term used in legal contexts within the franchise agreement.
The definition extends to include Bee Organized Enterprises, LLC's predecessors, meaning any entities that Bee Organized Enterprises, LLC evolved from or succeeded. It also covers their affiliates, which are related companies or entities under common control. Successors and assigns are also included, referring to any parties that Bee Organized Enterprises, LLC's rights and obligations might be transferred to in the future.
Furthermore, the definition of "Releasee" includes the officers, directors, managers, employees, and agents of Bee Organized Enterprises, LLC. This broad definition ensures that any release of claims covers not only the company itself but also the individuals acting on its behalf. This is a common practice in franchising to protect the franchisor and its related parties from potential liabilities. Therefore, as a franchisee, it is important to understand the scope of this definition when signing any releases or agreements with Bee Organized.