What other documents must a Ledgers franchisee execute upon termination of the Franchise Agreement in Indiana?

According to Ledgers's 2025 Franchise Disclosure Document, Indiana franchisees are not required to execute a release upon termination of the Franchise Agreement; this is discretionary. However, the franchisee must execute all other documents necessary to fully rescind all agreements between the parties under the Franchise Agreement. This means that while a general release of claims is optional for Ledgers franchisees in Indiana, they are still obligated to sign any other documents required to formally end all existing agreements with Ledgers.

This provision is specific to Indiana due to Indiana Code 23-2-2.7-1(5), which modifies the standard franchise agreement to protect franchisees. The purpose is to ensure that franchisees are not forced into waiving their rights upon termination. However, it's important to note that this protection does not eliminate the need to finalize the separation by completing all other necessary paperwork.

For a prospective Ledgers franchisee in Indiana, this means they should carefully review the termination section of the Franchise Agreement and any related documents to understand what is required of them. While they cannot be forced to sign a release, they must still comply with all other document execution requirements to fully rescind the agreements. It would be prudent for a prospective franchisee to consult with a legal professional to fully understand their rights and obligations under Indiana law and the Ledgers Franchise Agreement.