For City Publications franchisees in Rhode Island, what sections of the Franchise Agreement regarding general releases are amended?
City_Publications Franchise · 2025 FDDAnswer from 2025 FDD Document
Sections 5B.10 and 20B.2 of the Franchise Agreement require Franchisee to sign a general release as a condition of renewal and transfer of the franchise; such release shall exclude claims arising under The Rhode Island Franchise Investment Act.
Source: Item 23 — RECEIPT (FDD pages 39–129)
What This Means (2025 FDD)
According to City Publications' 2025 Franchise Disclosure Document, there are specific amendments to the franchise agreement for franchisees in Rhode Island. These amendments address general releases required for renewal and transfer of the franchise.
Specifically, Sections 5B.10 and 20B.2 of the City Publications Franchise Agreement, which mandate franchisees to sign a general release as a condition of renewal and transfer, are amended. The amendment stipulates that these releases will exclude any claims arising under The Rhode Island Franchise Investment Act. This means that while franchisees may be required to sign a general release, they do not waive their rights to make claims under this specific Rhode Island law.
This amendment protects the franchisee's rights under the Rhode Island Franchise Investment Act, ensuring they can still pursue claims under this law even after signing a general release for renewal or transfer. Prospective franchisees in Rhode Island should be aware of this protection, as it provides an avenue for legal recourse related to franchise investments within the state.