Does the Southern Steer Franchise Disclosure Document include Exhibit E, a sample release?

According to the 2025 Southern Steer Franchise Disclosure Document, Exhibit E is a sample release. Specifically, in the context of contract exhibits, the FDD lists "Exhibit E: Sample Release" as one of the included documents. This indicates that prospective Southern Steer franchisees will have access to a sample release form as part of the disclosure materials. This document likely outlines the terms and conditions under which a franchisee might release Southern Steer from certain liabilities or claims.

In addition, the Franchise Agreement included as Exhibit A states that the franchisee and its owners must execute a release, in a form satisfactory to Southern Steer, of any and all claims against Southern Steer and its affiliates. This release covers claims arising from the Franchise Agreement, the operation of the Southern Steer Business, or the franchisee's purchase of the Southern Steer Business. It specifically includes claims arising under federal or state franchising laws or any other federal, state, or local law, rule, or ordinance.

Prospective franchisees should carefully review Exhibit E and understand the scope of the release they will be required to sign. It is advisable to consult with legal counsel to fully understand the implications of this release before signing the Franchise Agreement. Understanding the sample release is crucial, as it dictates the franchisee's rights to make future claims against Southern Steer.