table_specific

Does the Dog Haus Franchise Agreement include a General Release as an exhibit?

Dog_Haus Franchise · 2025 FDD

Answer from 2025 FDD Document

DOG HAUS WORLDWIDE, LLC FRANCHISE DISCLOSURE DOCUMENT

EXHIBIT G GENERAL RELEASE

DOG HAUS WORLDWIDE, LLC GENERAL RELEASE AGREEMENT


"General Release" means the form of general release prescribed by Franchisor of any and all known and unknown obligations, liabilities, demands, costs, expenses, damages, claims, actions and causes of action, of whatever nature, character or description, against Franchisor and its Constituents. A General Release will cover future consequences of acts, omissions events and circumstances predating the date of the General Release, but will not release, in advance, future acts, omissions or events which have not occurred at the time the General Release is executed.

  • 9.4.6 Area Developer and the Proposed Buyer shall execute a General Release in a form acceptable to Franchisor.

condition precedent to Area Developer's right to develop each Dog Haus Restaurant, all of the following conditions precedent must be satisfied and Franchisor shall execute a Then-Current Franchise Agreement for each Dog Haus Restaurant if, and only if (i) Area Developer has fully performed all of its obligations under this Agreement and all other agreements between Franchisor and Area Developer and is in Good Standing on the date of Franchisor's execution of a Franchise Agreement; (ii) Area Developer demonstrates Area Developer's Then-Current financial ability to implement and complete the construction and Opening of the Dog Haus Restaurant; (iii) Area Developer has Opened and continues to operate no less than the aggregate number of Dog Haus Restaurants required by the Minimum Development Obligation in compliance with the Development Schedule; (iv) Area Developer has executed a Then-Current Franchise Agreement and delivered it to Franchisor; (v) Area Developer executes and delivers a General Release to Franchisor in a form acceptable to Franchisor; and (vi) Area Developer has paid Franchisor the Initial Franchise Fee when Area Developer executed the Franchise Agreement and returned it to Franchisor.

Source: Item 23 — RECEIPTS (FDD pages 87–328)

What This Means (2025 FDD)

According to the 2025 Dog Haus Franchise Disclosure Document, a General Release is included as Exhibit G. The document also defines "General Release" as a form prescribed by Dog Haus that releases the company from any known or unknown obligations, liabilities, demands, costs, expenses, damages, claims, actions, and causes of action. This release covers future consequences of past acts but does not release future acts that have not yet occurred when the release is executed.

As an Area Developer, you may be required to execute a General Release in a form acceptable to Dog Haus when transferring rights to a buyer. Also, before Dog Haus will execute a Franchise Agreement for each Dog Haus Restaurant, the Area Developer must execute and deliver a General Release to Dog Haus in a form acceptable to them.

Prospective franchisees should carefully review the General Release with a legal professional to fully understand the scope of the release and its potential impact on their rights and obligations. Understanding the implications of the General Release is crucial before entering into a franchise agreement with Dog Haus.

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.