Does the Focalpoint Coaching franchise agreement require a separate signature from transferring owners for the release to be effective?
Focalpoint_Coaching Franchise · 2025 FDDAnswer from 2025 FDD Document
We also are entitled to a release and covenant not to sue from your owners. By his, her, or their separate signatures below, your transferring owners likewise grant to us the release and covenant not to sue provided above.
Source: Item 23 — Receipts (FDD pages 57–259)
What This Means (2025 FDD)
According to the 2025 Focalpoint Coaching Franchise Disclosure Document, the franchise agreement requires transferring owners to provide a separate signature for the release and covenant not to sue to be effective.
Specifically, Focalpoint Coaching requires a release and covenant not to sue from the franchisee's owners. The FDD states that the transferring owners must grant the release and covenant not to sue via their separate signatures. This indicates that the release is not considered valid unless each transferring owner provides their individual signature.
This requirement ensures that Focalpoint Coaching receives explicit confirmation from each transferring owner that they agree to the terms of the release, protecting the franchisor from potential future claims by those owners. Prospective franchisees should ensure that all transferring owners are willing to sign the release to avoid complications during the franchise agreement process.