factual

Who is the 'Franchisee' in the Creative World School Release?

Creative_World_School Franchise · 2025 FDD

Answer from 2025 FDD Document

as accumulated in a building in sufficient quantities, may present health risks to persons who are exposed to it over time. Levels of radon that exceed federal and state guidelines have been found in buildings in Florida. Additional information regarding radon and radon testing may be obtained from your county public health unit.

  • 19.12 Florida Lease. The place of negotiation, execution, and delivery of this Lease and the location of the leased premises being the State of Florida, this Lease shall be governed by and construed and enforced in accordance with the laws of the State of Florida without reference to the conflicts of law principles of the State.
  • 19.13 Successors. This Lease shall bind the parties hereto and their several respective successors, and assigns.

IN WITNESS WHEREOF, Landlord and Tenant have executed this Lease on the dates indicated below.

LANDLORD: a TENANT: a

EXHIBIT A LEGAL DESCRIPTION OF THE LAND

EXHIBIT B

SITE PLAN

RELEASE

THIS RELEASE is given by, legal representatives and agents, successors and as and administrators (collectively, the "Franchis FRANCHISING COMPANY, INC., and all of its representatives and agents, successors and assign administrators (collectively, the "Franchisor"). ee"), to CREATIVE WORLD SCHOOLS predecessors, affiliates, employees, legal
Effective on the date of this Release, the Fr Franchisor from any and all claims, causes of action, liabilities, contractual rights and/or obligations, of wh the Franchisee now have or ever had against the Fr arising out of that certain Franchise Agreement date addenda between the Franchisor and the Franchise the franchise relationship between the Franchisee a between the Franchisee and the Franchisor; exc termination and the Franchisor's obligations under the property of which the Franchisee are not now aware; and (y) which has happened up to now. atever nature or kind, in law or in equity, which ranchisor, including without limitation, anything d, and all exhibits and ee (collectively, the "Franchise Agreement"), and the Franchisor, and any other relationships cept the provisions which expressly survive the dated effective and all claims and obligations, including those
The Franchisee is bound by this Release. T Release to the Franchisor for good and valuable co its receipt and sufficiency. he Franchisee freely and voluntarily gives this nsideration and the Franchisor acknowledges
The Franchisee represents and warrants to assigned or transferred to any other person any or relating to or against the Franchisor. o the Franchisor that the Franchisee has not laim or right the Franchisee had or now has
In this Release, each pronoun includes the s ingular and plural as the context may require.
This Release is governed by Florida law.
This Release is effectivesignatures.

Source: Item 23 — RECEIPTS (FDD pages 80–247)

What This Means (2025 FDD)

According to the 2025 Creative World School Franchise Disclosure Document, the 'Franchisee' is defined as the party giving the release to Creative World Schools Franchising Company, Inc. This includes their legal representatives, agents, successors, and administrators. The release covers any claims, causes of action, liabilities, or contractual rights the Franchisee has or ever had against the Franchisor. This arises from the Franchise Agreement, the franchise relationship, or any other relationships between the Franchisee and Franchisor, except for provisions that expressly survive termination and the Franchisor's obligations under the dated effective agreement. The release also covers all claims and obligations, including those the Franchisee is not currently aware of, and those that have occurred up to the date of the release.

In practical terms, this means that by signing the release, the Franchisee is giving up their right to sue Creative World School for any known or unknown issues related to the franchise agreement, with some specific exceptions. This is a significant legal commitment, and prospective franchisees should carefully consider its implications. The Franchisee confirms they have not assigned or transferred any claim or right against the Franchisor to another party.

The document also specifies that each pronoun includes the singular and plural as the context requires, and the release is governed by Florida law. This release becomes effective regardless of the actual date of signatures. This is a standard legal document used in franchising to protect the franchisor from future claims once a franchise agreement is terminated or altered. It is common practice for franchisors to require such a release to ensure a clean break and avoid potential legal disputes down the line.

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.