What must the form and substance of the general release be for a Cicis franchise transfer?

I am unable to provide information on the specific form and substance of the general release required for a Cicis franchise transfer, according to the 2025 Franchise Disclosure Document. While the document mentions that the transferor must comply with provisions related to competing businesses and other obligations that survive the agreement's expiration or termination, it does not detail the specific form or substance of the general release.

Item 22 of the Cicis 2025 FDD outlines several conditions that must be met for a franchise transfer to be approved. These include the transferee entering into a written agreement assuming all obligations, meeting the franchisor's criteria for prospective franchisees, renovating the restaurant to current system standards, and completing required training programs. The transferor must also pay a transfer fee of $7,500 plus any out-of-pocket expenses incurred by the franchisor.

To fully understand the requirements for a franchise transfer, including the specific details of the general release, a prospective franchisee should directly ask Cicis for a copy of the release form and a detailed explanation of its terms. This will ensure that both the transferor and transferee are fully aware of their obligations and liabilities before completing the transfer process.