What sections of the Monicals Pizza Franchise Agreement are amended by the Maryland addendum regarding general releases?
Monicals_Pizza Franchise · 2025 FDDAnswer from 2025 FDD Document
| Pizza Corporation and | This Addendum to the Franchise Agreement is agreed to this day of, 20, between Monical |
|---|---|
| 1. | In recognition of the requirements of the Maryland Franchise Registration and Disclosure Law, Md. Code Ann., Bus. Reg. §§14-201-14-233, the Franchise Agreement for Monical Pizza Corporation is amended as follows: |
| | Sections 4.2.9, 8.3 and 18.2.3 require Franchisee to sign a general release as a condition of renewal or transfer of the franchise and Sections 5.2, 5.5 and 8.3 require Franchisee to sign a general release as a condition to receiving a refund of a portion of the Franchise Fee following a termination of the franchise; such release shall exclude claims arising under the Maryland Franchise Registration and Disclosure Law. |
Source: Item 23 — RECEIPTS (FDD pages 46–257)
What This Means (2025 FDD)
According to Monicals Pizza's 2025 Franchise Disclosure Document, the Maryland addendum amends specific sections of the Franchise Agreement related to general releases.
Specifically, Sections 4.2.9, 8.3, and 18.2.3 of the Monicals Pizza Franchise Agreement require a franchisee to sign a general release as a condition of renewal or transfer of the franchise. Additionally, Sections 5.2, 5.5, and 8.3 require a franchisee to sign a general release to receive a refund of a portion of the Franchise Fee following a termination of the franchise. The addendum clarifies that these releases will exclude claims arising under the Maryland Franchise Registration and Disclosure Law.
This means that while Monicals Pizza franchisees in Maryland may be required to sign general releases under certain circumstances, these releases will not prevent them from pursuing claims related to violations of Maryland's franchise laws. This addendum ensures that franchisees retain their rights under Maryland law, even when signing standard releases required by the Franchise Agreement.