Does the Crisp & Green addendum affect the renewal terms of the franchise agreement?

According to the 2024 Crisp & Green Franchise Disclosure Document, the addendum for the state of Maryland does affect the renewal terms of the franchise agreement. Specifically, Item 17, "Renewal, Termination, Transfer and Dispute Resolution," is amended to include that the general release language required as a condition of renewal will not apply to claims arising under the Maryland Franchise Registration and Disclosure Law. This means that franchisees in Maryland are not required to waive their rights to claims under Maryland franchise law as a condition of renewing their franchise agreement.

This addendum ensures that Crisp & Green franchisees in Maryland retain their legal rights under the Maryland Franchise Registration and Disclosure Law, even when renewing their franchise agreement. This is particularly important because it prevents the franchisor from requiring a blanket release of all claims as a condition of renewal, which could potentially shield the franchisor from liability for past actions.

For a prospective Crisp & Green franchisee in Maryland, this addendum provides an additional layer of protection. It ensures that they can renew their franchise without having to give up their right to pursue legal claims against the franchisor under Maryland law. This could be a significant benefit, as it allows franchisees to address any potential issues or disputes that may arise during the franchise term without jeopardizing their renewal options.