factual

What documents must a Canine Dimensions franchisee and their business entity execute when transferring the franchise agreement?

Canine_Dimensions Franchise · 2025 FDD

Answer from 2025 FDD Document

: Protected Territory:

CANINE DIMENSIONS FRANCHISING, LLC Its: Its:

SCHEDULE B

MUTUAL GENERAL RELEASE AGREEMENT

THIS MUTUAL GENERAL RELEASE AGREEMENT is made and entered into this day of, 20, by and between Canine Dimensions Franchising, LLC, a Florida limited liability company ("Canine Dimensions"), whose principal office Loop, Bonita Springs, Florida 34135 and is 23208 Sanabria , with an address at ("Franchisee"). A. Canine Dimensions and Franchisee entered into a Canine Dimensions Franchise Agreement (the "Franchise Agreement") dated, 20 granting Franchisee the right to operate a Canine Dimensions business using the confidential policies, procedures and techniques owned by Canine Dimensions Franchising, LLC, and using certain Marks, including the trademark and service mark Canine Dimensions. B. Franchisee desires to Transfer his/her its Canine Dimensions franchise / obtain a successor franchise (circle one).

C. Canine Dimensions, as permitted by the Franchise Agreement is conditioning its consent to such transfer or renewal on the execution of this Mutual General Release Agreement by Franchisee.

In consideration of the mutual covenants and conditions contained in this Mutual General Release and in the Franchise Agreement, and other good and valuable consideration, receipt of which is hereby acknowledged by each of the parties, the parties agree as follows:

    1. Canine Dimensions and Franchisee do hereby mutually release and forever discharge each other and each other's heirs, successors, representatives, assigns, agents, employees, officers, and directors ("Designees"), and each of them, of and from any claims, debts, liabilities, demands, obligations, costs, expenses, actions, and causes of action of every nature, character, and description known or unknown, vested or contingent, which each party now owns or holds, or has at any time heretofore owned or held, or may at any time own or hold against the other party hereto, arising prior to and including the date of this Mutual General Release Agreement; provided, however, that this release shall exclude claims arising from assertion of any continuing rights reserved in this Mutual General Release Agreement.
    1. This release shall not apply to any claims which the Franchisee may have arising under (a) the California Franchise Investment Law or the California Franchise Relations Act; (b) the Hawaii Franchise Investment Law; (c) the Maryland Franchise Registration and Disclosure Law; (d) the Minnesota Franchise Act; (e) the New York Franchise Investment Law; (f) the North Dakota Franchise Investment Law; or (g) the Washington Franchise Investment Protection Act, RCW 19.100, and the rules adopted thereunder. This release shall exclude claims arising from Franchisee's failure to pay any amounts due Canine Dimensions in the ordinary course of business.

Source: Item 22 — CONTRACTS (FDD page 36)

What This Means (2025 FDD)

According to Canine Dimensions's 2025 Franchise Disclosure Document, a franchisee looking to transfer their franchise must execute a Mutual General Release Agreement. This agreement, as stated in the document, is a condition for Canine Dimensions's consent to the transfer. The agreement includes a release of claims between Canine Dimensions and the franchisee. If the franchisee is a corporate entity, each person owning any interest in the franchisee must also sign the agreement.

The Mutual General Release Agreement specifies that it becomes effective once it is executed and dated by Canine Dimensions in Florida, and it is governed by Florida law. The agreement also contains a severability clause, ensuring that if any part of the agreement is deemed void or unenforceable, the remaining provisions will still be valid and in effect.

In addition to the Mutual General Release Agreement, franchisees in California must be aware of California Corporation Code 31512, which voids any waiver of rights under the Franchise Investment Law (California Corporations Code 31000 through 31516). This means that while a general release may be required, franchisees in California retain certain rights under state law that cannot be waived.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.