How many counterparts can the Clear Pest Pros Mutual Release be signed in?
Clear_Pest_Pros Franchise · 2025 FDDAnswer 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.
Source: Item 22 — CONTRACTS (FDD pages 67–68)
What This Means (2025 FDD)
According to Clear Pest Pros's 2025 Franchise Disclosure Document, when a franchisee is up for a renewal term, both the franchisee and Clear Pest Pros must sign a mutual general release. This release covers any and all claims against either party and their respective shareholders, officers, directors, employees, agents, successors, and assigns. The FDD does not specify the number of counterparts that the mutual release can be signed in.
This requirement to sign a general release is subject to change at Clear Pest Pros's sole discretion. Additionally, to obtain a renewal term, franchisees must sign the then-current franchise agreement and any ancillary agreements for Clear Pest Pros Businesses, which may include different Royalty and/or Territory terms. Franchisees may also be required to upgrade and remodel the Clear Pest Pros Business at their sole expense to conform to the then-current Operations Manual as a condition of receiving such Renewal Term.
Prospective franchisees should inquire with Clear Pest Pros about the specific terms and conditions of the mutual general release, including whether it can be signed in counterparts. Understanding the scope and implications of this release is crucial, as it could impact the franchisee's future legal rights and obligations with Clear Pest Pros.