Does the Card My Yard general release cover claims that are unknown at the time of the release?
Card_My_Yard Franchise · 2025 FDDAnswer 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, franchisees must execute a general release of claims to renew their franchise agreement. 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.
Specifically, the release includes, without limitation, claims arising under the Franchise Agreement or under federal, state, or local laws, rules, regulations, or orders. This means that the release extends to a broad range of potential claims a franchisee might have against Card My Yard.
The Card My Yard franchise agreement does not explicitly state that the general release includes claims that are unknown at the time of signing. However, the phrase "any and all claims" is very broad and could be interpreted to include unknown claims. Franchisees should consult with a legal professional to fully understand the scope and implications of such a release before signing.