Who is required to execute the Bumper Man General Release?
Bumper_Man Franchise · 2025 FDDAnswer from 2025 FDD Document
| THIS GENERAL RELEASE ("Release") is executed on | by |
|---|---|
| ("Franchisee") and ("Guarantors") as a | |
| condition of transfer or renewal of the Franchise Agreement dated ("Franchise | |
| Agreement") between Franchisee and Bumper Man, Inc. ("Franchisor"). |
- **4.
Covenant Not to Sue.** Franchisee and Guarantors, on behalf of themselves and Releasors, covenant not to initiate, prosecute, encourage, assist, or (except as required by law) participate in any civil, criminal, or administrative proceeding or investigation in any court, agency, or other forum, either affirmatively or by way of cross-claim, defense, or counterclaim, against any person or entity released under Section 1 above with respect to any Claim released under Section 1 above.
- 7. This Release of Claims does not apply to claims arising under the Franchise Investment Protection Act, chapter 19.100 RCW, or the rules adopted thereunder in accordance with RCW 19.100.220(2).
Source: Item 22 — CONTRACTS (FDD page 45)
What This Means (2025 FDD)
According to the 2025 Bumper Man FDD, the General Release must be executed by the franchisee and any guarantors as a condition of transfer or renewal of the Franchise Agreement. This agreement is between the franchisee and Bumper Man, Inc., referred to as the franchisor.
This means that if a franchisee wants to transfer their franchise to a new owner or renew their existing agreement, both the franchisee and any individuals who have guaranteed the franchisee's obligations must sign the General Release. The General Release is a legal document where the franchisee agrees to waive certain claims against the franchisor.
Bumper Man also states that the franchisee and guarantors covenant not to initiate, prosecute, encourage, assist, or participate in any civil, criminal, or administrative proceeding or investigation against any person or entity released under Section 1 above with respect to any Claim released under Section 1 above. However, this Release of Claims does not apply to claims arising under the Franchise Investment Protection Act, chapter 19.100 RCW, or the rules adopted thereunder in accordance with RCW 19.100.220(2).