What is the purpose of the agreement between KS La Crosse LLC and Kitchen Solvers?
Kitchen_Solvers Franchise · 2025 FDDAnswer from 2025 FDD Document
- Except as provided in this Rider, the Franchise Agreement remains in full force and effect in accordance with its terms. This Rider shall be effective only to the extent that the jurisdictional requirements of the franchise law of the Applicable Franchise Registration State are met independently without reference to this Rider.
EXHIBIT H
SAMPLE RELEASE
THIS IS A CURRENT FORM THAT IS SUBJECT TO CHANGE OVER TIME.
| For and in consideration of the Agreements and covenants described below, KS La Crosse | ||||||
|---|---|---|---|---|---|---|
| Investments, | LLC ("Kitchen ("Franchisee") enter into this Release of Claims ("Agreement"). | Solvers") | and |
RECITALS
A. Franchisor and Franchisee entered into a KITCHEN SOLVERS Franchise Agreement dated,
- B. [NOTE: Describe the circumstances relating to the release.]
- C. Subject to and as addressed with greater specificity in the terms and conditions set forth below, Kitchen Solvers and Franchisee now desire to settle any and all disputes that may exist between them relating to the Franchise Agreement.
AGREEMENTS
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- Consideration. [NOTE: Describe the consideration paid.]
- 2-4. [NOTE: Detail other terms and conditions of the release.]
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- Release of Claims by Franchisee. In consideration of the other terms and conditions of this Agreement, the receipt and sufficiency of which is hereby acknowledged, Franchisee, for himself and for each of his heirs, executors, administrators, insurers, attorneys, agents, representatives, successors, and assigns, does hereby release and forever discharge Kitchen Solvers and each of its respective affiliated corporations, subsidiaries, divisions, insurers, indemnitors, attorneys, successors, and assigns, together with all of their past and present directors, officers, employees, attorneys, agents, assigns and representatives in their capacities as such, of and from any and all actions, suits, proceedings, claims (including, but not limited to, claims for attorney's fees), complaints, charges, judgments, executions, whether liquidated or unliquidated, known or unknown, asserted or unasserted, absolute or contingent, accrued or not accrued, related to the Franchise Agreement.
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- Reservation of Claims Against Non-Settling Parties.
Source: Item 23 — Receipts (FDD pages 49–190)
What This Means (2025 FDD)
According to Kitchen Solvers' 2025 Franchise Disclosure Document, the agreement between KS La Crosse LLC and Kitchen Solvers is a Release of Claims. The agreement is made in consideration of agreements and covenants described within the document. The agreement indicates that Kitchen Solvers and the franchisee desire to settle any and all disputes that may exist between them relating to the Franchise Agreement.
In this agreement, the franchisee releases Kitchen Solvers from all actions, suits, proceedings, claims, complaints, charges, judgments, and executions related to the Franchise Agreement. This release extends to the franchisee's heirs, executors, administrators, insurers, attorneys, agents, representatives, successors, and assigns. It also covers Kitchen Solvers' affiliated corporations, subsidiaries, divisions, insurers, indemnitors, attorneys, successors, and assigns, as well as their past and present directors, officers, employees, attorneys, agents, assigns, and representatives.
However, Kitchen Solvers and the franchisee expressly reserve their rights and claims against any non-settling parties for damages attributable to the wrongful conduct of those parties. The agreement constitutes the entire understanding between the parties regarding the subject matter, superseding any prior agreements or representations. Prospective franchisees should carefully review the terms of any release of claims agreement with legal counsel to fully understand their rights and obligations.