Does the Goldfish Swim School Franchise Agreement include a General Release exhibit?

According to the 2025 Goldfish Swim School Franchise Disclosure Document, the franchise agreement includes a General Release as an exhibit. Specifically, Exhibit 1 is identified as the General Release. This document likely outlines the terms under which a franchisee agrees to release Goldfish Swim School from certain liabilities or claims.

Furthermore, the FDD indicates that if a franchisee fails to select a site acceptable to Goldfish Swim School within 180 days of the agreement's effective date, Goldfish Swim School can terminate the agreement. In such a case, Goldfish Swim School will return 25% of the franchise fee to the franchisee, but only upon receipt of a general release, which is the same as or similar to the General Release attached as Exhibit 1.

Prospective franchisees should carefully review the General Release exhibit with legal counsel to fully understand its implications. This is a standard practice in franchising, but the specific terms can vary and may significantly impact a franchisee's rights and potential claims against Goldfish Swim School.