Where can I find the specific provisions regarding renewal, termination, transfer, and dispute resolution for a Cinnaholic franchise?
Cinnaholic Franchise · 2025 FDDAnswer from 2025 FDD Document
[Chunk 1 | Item 17: Renewal, Termination, Transfer, and Dispute Resolution] (chunk_id: 99b088d5-d28d-41e0-8beb-172692d4027c) [Item 17: RENEWAL, TERMINATION, TRANSFER, AND DISPUTE RESOLUTION THE FRANCHISE RELATIONSHIP]
| 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 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 any CINNAHOLIC Bakery (whether currently or of them), or any other prior or existing business relationship between any of the undersigned and CINNAHOLIC (or any subsidiary or affiliate individually or collectively has asserted, may have (or any of the 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, 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: | the operation of a CINNAHOLIC Bakery and/or the undersigned and CINNAHOLIC (or any subsidiary or affiliate of CINNAHOLIC), previously owned or operated by the undersigned or any of CINNAHOLIC), which the undersigned or any of them asserted or could have asserted against CINNAHOLIC aforementioned related parties) at any time up to the date of this General Release, including directly or indirectly, from liability imposed by the |
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Source: Item 17 — RENEWAL, TERMINATION, TRANSFER, AND DISPUTE RESOLUTION THE FRANCHISE RELATIONSHIP (FDD pages 42–50)
What This Means (2025 FDD)
According to the 2025 Cinnaholic Franchise Disclosure Document, Item 17 covers the provisions for renewal, termination, transfer, and dispute resolution of the franchise relationship. This section of the FDD is crucial for prospective franchisees as it outlines the conditions under which the franchise agreement can be renewed, terminated by either party, or transferred to another owner. It also details the procedures for resolving any disputes that may arise between the franchisee and Cinnaholic.
Specifically, the provided excerpt includes a "General Release" that franchisees may be required to sign in connection with a transfer or renewal. This release waives any claims against Cinnaholic and its affiliates related to the franchise relationship up to the date of the release. However, it does not waive rights that cannot be waived under applicable state franchise laws, nor does it relieve Cinnaholic from liability imposed by the Maryland Franchise Registration and Disclosure Law.
This General Release is governed by the laws of Georgia, without regard to its conflicts of law provisions. The document includes signature lines for the franchisee and indicates that it is made in consideration for the grant of certain rights in connection with the transfer or renewal of the franchise. Prospective franchisees should carefully review Item 17 and consult with a legal professional to fully understand their rights and obligations regarding renewal, termination, transfer, and dispute resolution, as well as the implications of signing a general release.