factual

Are the franchisee's members included in the Card My Yard general release?

Card_My_Yard Franchise · 2025 FDD

Answer from 2025 FDD Document

  • (7) You and your Owners must execute a general release of any and all claims against us, our Affiliates, and our and their respective officers, directors, shareholders, partners, members, agents, representatives, independent contractors, servants and employees, past and present, in their corporate and individual capacities, including, without limitation, claims arising under this Agreement or under federal, state or local laws, rules, regulations or orders;

Source: Item 23 — RECEIPTS (FDD pages 84–259)

What This Means (2025 FDD)

According to Card My Yard's 2025 Franchise Disclosure Document, when renewing their franchise agreement, franchisees and their owners must execute a general release of claims. This release covers any and all claims against Card My Yard, its affiliates, and their respective officers, directors, shareholders, partners, members, agents, representatives, independent contractors, servants, and employees, both past and present, in their corporate and individual capacities. The claims include, but are not limited to, those arising under the Franchise Agreement or under federal, state, or local laws, rules, regulations, or orders.

This requirement means that as a condition of renewing their franchise agreement, Card My Yard franchisees and their owners must waive any existing or potential legal claims against the franchisor. This is a standard practice in franchising, intended to provide the franchisor with legal protection and clarity moving forward.

Prospective franchisees should carefully consider this requirement and consult with legal counsel to understand the full implications of signing a general release. It is important to be aware of any potential claims they may have against Card My Yard before agreeing to waive those rights as part of the renewal process. Franchisees should also note that this release extends not only to the franchisor itself but also to a wide range of related parties, including affiliates, officers, and employees.

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.