Where can I find the Form of General Release for Caring Senior Service?
Caring_Senior_Service Franchise · 2025 FDDAnswer from 2025 FDD Document
se agreement.
- 6.7 Franchisee and its Guarantors execute Franchisor's then-current form of general release in favor of Franchisor and related parties.
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- Non-Transferrable. This Addendum is personal to Franchisee and cannot be Transferred or assigned by Franchisee.
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- Termination.
Source: Item 22 — CONTRACTS (FDD page 53)
What This Means (2025 FDD)
According to the 2025 Caring Senior Service Franchise Disclosure Document, the franchisee and its guarantors must execute the franchisor's current form of general release in favor of the franchisor and related parties. This requirement is mentioned within Item 23, which discusses receipts and acknowledgments related to the franchise agreement.
Additionally, Exhibit H to the Disclosure Document includes a Software License and Maintenance Agreement for Caring Senior Service franchisees. The General Release will be modified as necessary for consistency with any state law regulating franchising.
Prospective franchisees should carefully review this release with their legal counsel to fully understand its implications before signing the franchise agreement. Understanding the scope of the release is crucial, as it affects the franchisee's rights and potential liabilities related to the Caring Senior Service franchise.