Under the Hyper Kidz agreement, what entities are franchisees releasing from claims?

According to the 2024 Hyper Kidz Franchise Disclosure Document, franchisees, along with their principals, heirs, legal representatives, successors, and assigns, release Boomerang Franchise, LLC, Maryland Indoor Play, LLC, their parent companies, subsidiaries, divisions, affiliates, successors, assigns, and designees. This also includes the foregoing entities' directors, officers, employees, agents, shareholders, successors, designees, and representatives.

This release covers any and all claims, demands, and judgments relating to or arising under statements, conduct, claims, or any other agreement between the parties executed prior to the date of the Franchise Agreement. This encompasses all claims, whether known or unknown, suspected or unsuspected, arising under franchise, securities, tax, or antitrust laws of the United States or any state or territory.

However, this release does not apply to any claims arising from representations made by Hyper Kidz in their Franchise Disclosure Document received by the franchisee. This means that while franchisees waive rights to past claims, they retain the right to pursue claims based on misrepresentations within the FDD itself. This is a fairly standard clause in franchise agreements, intended to provide the franchisor with some protection from prior disputes while ensuring the franchisee still has recourse for FDD-related issues.