Which exhibit in the Itan Franchise Disclosure Document contains the General Release for Itan?
Itan Franchise · 2025 FDDAnswer from 2025 FDD Document
EXHIBIT "I"
TO DISCLOSURE DOCUMENT
STATE EFFECTIVE DATES
State Effective Dates
Source: Item 23 — RECEIPT (FDD pages 44–190)
What This Means (2025 FDD)
According to Itan's 2025 Franchise Disclosure Document, the General Release is located in EXHIBIT "I" to the Disclosure Document. This exhibit includes a release of claims by the franchisee, which means the franchisee agrees to release Itan from any and all claims, liabilities, damages, expenses, actions, or causes of action related to the franchise agreement.
The release covers both known and unknown claims, past and present, and applies to the franchisee and their affiliates. However, the General Release does not apply to claims arising under the Washington Franchise Investment Protection Act for Washington franchisees.
For California franchisees, the document includes a waiver of California Civil Code §1542, indicating the franchisee is intentionally releasing all existing claims, whether known or unknown. Prospective franchisees should carefully review this exhibit with their legal counsel to fully understand the scope and implications of the release before signing the franchise agreement.