factual
What schedule contains the release for Ledgers?
Ledgers Franchise · 2025 FDDAnswer from 2025 FDD Document
| Schedule 1 | Territory |
|---|---|
| Schedule 2 | Automatic Bank Draft Authorization |
| Schedule 3 | Telephone Number Assignment |
| Schedule 4 | Lease Rider |
| Schedule 5 | Release |
| Schedule 6 | State Addenda to the Franchise Agreement |
Source: Item 22 — CONTRACTS (FDD page 46)
What This Means (2025 FDD)
According to Ledgers' 2025 Franchise Disclosure Document, Schedule 5 contains the release. This schedule is part of the franchise agreement.
The inclusion of a release as a schedule in the franchise agreement indicates its importance. The release likely outlines the franchisee's waiver of certain claims against Ledgers, which is a common practice in franchising to protect the franchisor from potential liabilities.
Prospective franchisees should carefully review Schedule 5 and understand the scope of the release before signing the franchise agreement. It is advisable to seek legal counsel to fully comprehend the implications of waiving potential claims against Ledgers.
Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only.
It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.