What is the effective date format for the Cinnaholic General Release?
Cinnaholic Franchise · 2025 FDDAnswer from 2025 FDD Document
| This General Release is made effective this day of , 20 In consideration for the grant by CINNAHOLIC FRANCHISING, LLC, a Georgia Limited Liability Company ("CINNAHOLIC®"), to the undersigned of certain rights in connection with the operation of a CINNAHOLIC bakery and/or the transfer or renewal thereof, and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the undersigned, individually and collectively, hereby unconditionally release, discharge, and acquit CINNAHOLIC, its past and present subsidiaries and affiliates, and its and their shareholders, owners, directors, officers, managers, members, partners, employees, agents, representatives, successors and assigns, from any and all liabilities, damages, claims, demands, costs, expenses, debts, indemnities, suits, disputes, controversies, actions and causes of action of any kind whatsoever, whether known or unknown, fixed or contingent, regarding or arising out of any prior or existing franchise relationship, development agreement, franchise agreement or any other agreement executed by any of the undersigned and CINNAHOLIC (or any subsidiary or affiliate of CINNAHOLIC®), any CINNAHOLIC® Bakery (whether currently or previously owned or operated by the undersigned or any of them), or any other prior or existing business relationship between any of the undersigned and CINNAHOLIC® (or any subsidiary or affiliate of CINNAHOLIC®), which the undersigned or any of them individually or collectively has asserted, may have asserted or could have asserted against CINNAHOLIC® (or any of the aforementioned related parties) at any time up to the date of this General Release, including specifically, without limitation, claims arising from contract, written or oral communications, alleged misrepresentations, and acts of negligence, whether active or passive. This General Release shall survive the assignment or termination of any of the franchise agreements or other documents entered into by and between CINNAHOLIC and any of the undersigned. This General Release is not intended as a waiver of those rights of the undersigned which cannot be waived under applicable state |
|---|
| franchise |
| laws |
| nor |
| is |
| it intended to relieve CINNAHOLIC or any other person, directly or indirectly, from |
| liability |
| imposed |
| by |
| the |
| Maryland |
| Franchise |
| Registration |
| and |
| Disclosure Law. This General Release shall |
| be |
| governed |
| by and construed |
| in accordance |
| with |
| the |
| laws |
| of the State |
| of Georgia without regard |
| to |
| its |
| conflicts of law provisions. |
| WITNESS: |
| Corporate Name |
Source: Item 22 — CONTRACTS (FDD pages 61–62)
What This Means (2025 FDD)
According to Cinnaholic's 2025 Franchise Disclosure Document, the General Release is made effective this "day of , 20". This indicates that when completing the General Release, the franchisee must fill in the day and year. The month is not explicitly included in the format, suggesting it should be written out or included in the 'day' section.
This date is important because it signifies the point up to which the franchisee is releasing Cinnaholic from any potential claims. By signing the General Release, the franchisee is forfeiting their right to pursue legal action against Cinnaholic for issues arising before that date, subject to certain state law limitations.
Prospective franchisees should carefully consider the implications of this release and consult with legal counsel before signing. It is crucial to understand what rights are being waived and whether any past or present issues could give rise to future claims. Franchisees should also confirm whether the month should be written out or included in the 'day' section.