Where can I find a copy of the general release related to the Petro Stopping Center franchise?
Petro_Stopping_Center Franchise · 2025 FDDAnswer from 2025 FDD Document
| In exchange for, which the parties hereto acknowledge as adequate consideration, ("you") hereby grant to Petro Franchise Systems LLC ("we" or "us"), the following general release: |
|---|
| You, for yourself and your affiliates, and their respective current and former successors, assigns, |
| officers, shareholders, directors, members, managers, agents, employees, heirs and personal |
| representatives ("Franchisee Affiliates"), hereby fully and forever unconditionally release and |
| discharge us and each of our affiliates, and their respective successors, assigns, agents, |
| representatives, employees, officers, shareholders, directors, members, managers and insurers |
| (collectively referred to as "Franchisor Affiliates") from any and all claims, demands, |
| obligations, actions, liabilities and damages of every kind and nature whatsoever ("Released |
| Claims"), in law or in equity, whether known or unknown, which you |
| or the Franchisee |
| Affiliates may now have against us or Franchisor Affiliates or which may hereafter be |
| discovered. Without limiting the foregoing, Released Claims include, but are |
| not limited to, all |
| claims, demands, obligations, actions, liabilities and damages, known or unknown, in any way |
| arising from or relating to: (i) any relationship or transaction with us or Franchisor Affiliates, (ii) |
| that certain |
| Franchise Agreement, dated, |
| or any related agreements, and |
| (iii) the franchise relationship, from the beginning of time until the date of the effective date of |
| this |
| Addendum. |
| This release is inapplicable with respect to any claims arising under the Washington Franchise |
| Investment Protection Act, RCW 19.100, and the rules adopted thereunder. |
| You represent that you have not assigned, subrogated, pledged or transferred to any person or |
| entity any of the claims, demands, or causes of action released herein. |
| You acknowledge that you have had the opportunity to review this General Release with |
| independent counsel before executing it, and hereby execute it freely, voluntarily, and with the |
| intention of being legally bound. |
| EXECUTED THIS DAY OF, 202 |
| [FRANCHISEE] |
Source: Item 22 — CONTRACTS (FDD page 87)
What This Means (2025 FDD)
According to the 2025 FDD, the general release related to the Petro Stopping Center franchise is included in Item 4. This release is granted by the franchisee to Petro Franchise Systems LLC, releasing them from any and all claims, demands, obligations, actions, liabilities, and damages. This includes both known and unknown claims arising from any relationship or transaction with Petro Stopping Center, the Franchise Agreement, or the franchise relationship itself.
However, this release does not apply to claims arising under the Washington Franchise Investment Protection Act. The franchisee also confirms that they have not assigned or transferred any of the released claims to another party.
The document emphasizes that the franchisee should have the opportunity to review the General Release with independent counsel before signing, ensuring they understand the implications of the release and are entering into it freely and voluntarily. The document also includes a space for the execution date and the franchisee's signature.