factual

Does the Cinnaholic General Release survive the assignment of the Cinnaholic franchise agreement?

Cinnaholic Franchise · 2025 FDD

Answer from 2025 FDD Document

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.

Source: Item 22 — CONTRACTS (FDD pages 61–62)

What This Means (2025 FDD)

According to Cinnaholic's 2025 Franchise Disclosure Document, the General Release signed by the franchisee survives the assignment of the franchise agreement. This means that even if the Cinnaholic franchise agreement is assigned to another party, the General Release remains in effect.

The General Release is a comprehensive document that releases Cinnaholic from various liabilities, damages, claims, and demands related to the franchise relationship. It covers both known and unknown issues that may arise from the franchise agreement or any other agreement between the franchisee and Cinnaholic. The release extends to Cinnaholic's subsidiaries, affiliates, shareholders, directors, officers, employees, agents, and successors.

This survival clause ensures that Cinnaholic is protected from potential claims even after the franchise agreement has been assigned. However, the General Release 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. The General Release is governed by Georgia law, without regard to its conflicts of law provisions.

For a prospective Cinnaholic franchisee, this means that the commitments made in the General Release will continue to bind them even if the franchise changes hands through an assignment. It is crucial to carefully review the terms of the General Release with legal counsel to fully understand its implications and scope before signing the document.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.