factual

Can Engineering For Kids modify the general release language at any time?

Engineering_For_Kids Franchise · 2025 FDD

Answer from 2025 FDD Document

The following is our current general release language that we expect to include in a release that a franchisee, developer, and/or transferor may sign as part of a renewal or an approved transfer. We may, in our sole discretion, periodically modify the release.

Franchisee, its officers and directors, its owners, and their respective agents, heirs, administrators, successors, and assigns (the "Franchisee Group"), hereby forever release and discharge, and forever hold harmless Engineering for Kids International, LLC, its current and former affiliates and predecessors, and their respective shareholders, partners, members, directors, officers, agents, representatives, heirs, administrators, successors, and assigns (the "Franchisor Group"), from any and all claims, demands, debts, liabilities, actions or causes of action, costs, agreements, promises, and expenses of every kind and nature, at law or in equity, whether known or unknown, foreseen and unforeseen, liquidated or unliquidated, which the Franchisee Group and/or its owners had, have, or may have against any member of the Franchisor Group, including, without limitation, any claims or causes of action arising from, in connection with or in any way related or pertaining, directly or indirectly, to the Franchise Agreement, the relationship created by the Franchise Agreement, or the development, ownership, or operation of an Engineering For Kids Business. The Franchisee Group further indemnifies and holds the Franchisor Group harmless against, and agrees to reimburse them for any loss, liability, expense, or damages (actual or consequential) including, without limitation, reasonable attorneys', accountants', and expert witness fees, costs of investigation and proof of facts, court costs, and other litigation and travel and living expenses, which any member of the Franchisor Group may suffer with respect to any claims or causes of action which any customer, creditor, or other third party now has, ever had, or hereafter would or could have, as a result of, arising from, or under the Franchise Agreement or the Engineering For Kids Business. The Franchisee Group and its owners represent and warrant that they have not made an assignment or any other transfer of any interest in the claims, causes of action, suits, debts, agreements, or promises described herein.

Source: Item 23 — RECEIPTS (FDD pages 53–138)

What This Means (2025 FDD)

According to Engineering For Kids' 2025 Franchise Disclosure Document, Engineering For Kids retains the right to modify the general release language periodically at its sole discretion. This release is part of a renewal or transfer agreement that a franchisee, developer, or transferor may be required to sign.

The general release is a comprehensive legal document. It requires the franchisee to release Engineering For Kids from all possible claims, debts, liabilities, and expenses related to the Franchise Agreement or the Engineering For Kids business. This includes both known and unknown issues.

Furthermore, the franchisee must indemnify Engineering For Kids against any losses or damages the company might incur due to claims from customers or other third parties related to the Engineering For Kids business. This means the franchisee agrees to cover Engineering For Kids' legal costs, including attorney fees, if such claims arise. The franchisee also confirms they have not transferred any rights related to these potential claims. This clause ensures Engineering For Kids has broad protection, but it places a significant responsibility on the franchisee to understand and accept all potential liabilities.

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.