According to the 2025 Christies International Real Estate FDD, Exhibit E contains the form general release language. This release is expected to be included in a document that a licensee or transferor may sign as part of a renewal or an approved transfer, as well as on other occasions that Christies International Real Estate deems appropriate.

Christies International Real Estate retains the right to periodically modify this release at its sole option. This means that the specific terms of the release could change over time, and franchisees must stay informed of any updates made by the franchisor.

For a prospective Christies International Real Estate franchisee, this implies that they may be required to sign a general release under various circumstances, such as during a renewal or transfer of their franchise. The release likely involves waiving certain rights or claims against Christies International Real Estate, so it's crucial to carefully review the terms and understand the implications before signing. Given the franchisor's ability to modify the release, franchisees should seek legal counsel to fully understand their rights and obligations.