Where in the Pearce Bespoke Franchise Disclosure Document can I find the Form of General Release?
Pearce_Bespoke Franchise · 2025 FDDAnswer from 2025 FDD Document
| Contract | Location in this Disclosure Document |
|---|---|
| Franchise Agreement (FA) | Exhibit E |
| Area Development Agreement (ADA) | Exhibit F |
| Personal Guaranty | Attachment to FA and ADA |
| Form of General Release | Exhibit G |
| Form of Confidentiality and Noncompete Agreement | Exhibit H |
| State-Required Franchise Agreement Riders | Exhibit I |
| Franchisee Acknowledgment Statement | Exhibit J |
Source: Item 23 — RECEIPTS (FDD pages 39–172)
What This Means (2025 FDD)
According to the 2025 Pearce Bespoke Franchise Disclosure Document, the Form of General Release can be found as Exhibit G. Item 23 of the FDD lists all contracts and their locations within the document. This table indicates that the Form of General Release is included as Exhibit G.
The Form of General Release is a standard legal document used in franchising and other business contexts. It is used to prevent future legal claims. Pearce Bespoke may require franchisees to sign this release in certain circumstances, such as when renewing a franchise agreement or as a condition of approving the sale of a franchise.
The General Release of Claims specifies that it does not apply to claims arising under the Franchise Investment Protection Act, Chapter 19.100 RCW, for franchisees in Washington State. This means that even if a franchisee signs the release, they still retain their rights to make claims under this specific law. Franchisees should carefully review the form with a legal professional to understand their rights and obligations before signing.