factual

What is the condition for the Clear Pest Pros Mutual Release to be effective?

Clear_Pest_Pros Franchise · 2025 FDD

Answer from 2025 FDD Document

If you satisfy all of the other conditions to the awarding of a Renewal Term, you promise to sign the then-current franchise agreement and any ancillary agreements for Clear Pest Pros Businesses, which may include a different Royalty and/or Territory. You and we further promise to sign a mutual general release, in a form satisfactory to us, of any and all claims against either of us and our respective shareholders, officers, directors, employees, agents, successors, and assigns. Such requirement to sign a general release is subject to change in our sole discretion.

Notwithstanding any provision to the contrary, at our request, you will promise to upgrade and remodel the Clear Pest Pros Business at your sole expense to conform to the then-current Operations Manual (the completion of such upgrades shall be a condition of you receiving such Renewal Term). Further, you must submit proof to us that you have the right to operate the Clear Pest Pros Business at the Office Site for the Renewal Term.

Source: Item 22 — CONTRACTS (FDD pages 67–68)

What This Means (2025 FDD)

According to Clear Pest Pros' 2025 Franchise Disclosure Document, if a franchisee satisfies all other conditions for a Renewal Term, both the franchisee and Clear Pest Pros must sign the then-current franchise agreement, including any related ancillary agreements. These agreements may involve different royalty fees or territory arrangements.

Additionally, both parties must sign a mutual general release. This release, in a form satisfactory to Clear Pest Pros, covers any and all claims against each other, including their respective shareholders, officers, directors, employees, agents, successors, and assigns.

However, Clear Pest Pros retains the sole discretion to change this requirement to sign a general release. Furthermore, Clear Pest Pros may require the franchisee to upgrade and remodel the Clear Pest Pros Business at the franchisee's sole expense to conform to the then-current Operations Manual as a condition of receiving such Renewal Term. The franchisee must also provide proof of their right to operate the Clear Pest Pros Business at the Office Site for the Renewal Term.

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.