What further actions does the Releasor agree to perform under the Kidokinetics release?
Kidokinetics Franchise · 2024 FDDAnswer from 2024 FDD Document
EXHIBIT H-1
KIDOKINETICS FRANCHISE
SAMPLE GENERAL RELEASE AGREEMENT
WAIVER AND RELEASE OF CLAIMS
This Waiv
Source: Item 22 — CONTRACTS (FDD page 59)
What This Means (2024 FDD)
Based on the 2024 Kidokinetics Franchise Disclosure Document, Exhibit H-1 contains a sample general release agreement and waiver of claims. However, the document does not specify particular actions that the Releasor agrees to perform under the Kidokinetics release. The exhibit is marked as a sample and is subject to change.
As the agreement is a sample, the specific obligations of the Releasor would likely be detailed in the final version presented to the franchisee. These obligations could include, but are not limited to, confidentiality clauses, non-disparagement clauses, cooperation in legal matters, or other specific actions tailored to the circumstances of the release.
A prospective Kidokinetics franchisee should carefully review the final release agreement with legal counsel to fully understand their obligations and the implications of signing the release. It is important to clarify any ambiguities and ensure that the terms are reasonable and do not unduly restrict their rights or future opportunities. Franchisees should also inquire about the specific circumstances under which such a release might be required and what actions would be expected of them in those situations.