What must the RELEASOR do to execute the Boulder Designs General Release?
Boulder_Designs Franchise · 2025 FDDAnswer from 2025 FDD Document
IN WITNESS WHEREOF, RELEASOR has executed this General Release as of the date first above
written.
[the signature page is the following page]
Source: Item 23 — RECEIPT (FDD pages 50–217)
What This Means (2025 FDD)
According to Boulder Designs' 2025 Franchise Disclosure Document, to execute the General Release, the releasor must execute the General Release as of the date first written above. The document also states that the signature page is on the following page.
This means that the party giving the release (the Releasor) must sign and date the General Release form. The signature confirms their agreement to the terms outlined in the release, which involves giving up certain legal claims. The date is important as it establishes when the release becomes effective.
It is important to note that the General Release is a sample form, as indicated in Exhibit H. The actual release used in a specific situation may have different terms or requirements. Additionally, the General Release does not apply to claims arising under the Washington Franchise Investment Protection Act, RCW 19.100, and the rules adopted thereunder.