What does the Releasor acknowledge regarding the release provided to Crave Cookies?

According to Crave Cookies' 2025 Franchise Disclosure Document, the Releasor acknowledges that the release provided in Section 1 serves as a complete defense against any claim. This acknowledgment is a crucial part of the General Release form, which Crave Cookies may require franchisees to sign in specific circumstances, such as franchise renewal or the approval of a franchise sale.

This acknowledgment signifies that the Releasor understands and agrees that the release effectively prevents them from pursuing any legal action against Crave Cookies Franchising related to the matters covered in the release. By signing the release, the Releasor is essentially waiving their right to sue Crave Cookies for any claims arising from events up to the date of the release, as outlined in the Franchise Agreement.

However, it's important to note that this release does not apply to any liability under the Maryland Franchise Registration and Disclosure Law, nor does it apply to claims arising under the Washington Franchise Investment Protection Act. This means that even with the general release, a franchisee may still have legal recourse under these specific state laws. Prospective franchisees should carefully review the terms of the General Release and consult with legal counsel to fully understand its implications and any exceptions that may apply.