Does the waiver by a Crawlspace Medic franchisee include claims of breach of contract?
Crawlspace_Medic Franchise · 2024 FDDAnswer from 2024 FDD Document
- 5.2.5 Franchisee shall execute a general release of all claims Franchisee may have against CSM Franchise Group, LLC, its parent, subsidiaries and affiliates, its officers, directors, shareholders, agents, and employees, whether in their corporate and/or individual capacities.
This release will include all claims arising under any federal, state, or local law, rule, or ordinance.
Source: Item 22 — CONTRACTS (FDD page 42)
What This Means (2024 FDD)
According to the 2024 Crawlspace Medic Franchise Disclosure Document, a franchisee is required to execute a general release of all claims they may have against CSM Franchise Group, LLC, its parent, subsidiaries, and affiliates, including their officers, directors, shareholders, agents, and employees in their corporate and individual capacities.
This release encompasses all claims arising under any federal, state, or local law, rule, or ordinance. While the specific phrase "breach of contract" is not explicitly mentioned, the broadly worded release would likely include such claims.
In practical terms, this means that upon renewal of the franchise agreement, a Crawlspace Medic franchisee must waive any existing legal claims against the franchisor to continue operating. This is a significant consideration, as it could prevent a franchisee from seeking legal recourse for perceived wrongdoings by Crawlspace Medic. Franchisees should seek legal counsel to fully understand the implications of such a release before signing it.