factual

Does Spray Net require franchisees to execute a general release as a condition of renewal?

Spray_Net Franchise · 2025 FDD

Answer from 2025 FDD Document

tion 3(B) | You have the right to be considered for one (1) additional 10- | | extension of the term | | year term. |

Provision Section in Franchise Agreement Summary
c. Requirements for franchisee to renew or extend Section 3(B) In order to renew (which means renewing your franchise relationship with us), you must: (i) not have any uncured material defaults under your Franchise Agreement (including any monetary defaults) or any other agreement between you and us; (ii) execute our then-current franchise agreement (which may contain materially different terms and conditions than your original franchise agreement); (iii) pay us our renewal fee of $10,000; (iv) complete our then-current refresher training course; (v) execute a general release; (vi) must have participate in and supported the operationa

Source: Item 17 — RENEWAL, TERMINATION, TRANSFER AND DISPUTE RESOLUTION (FDD pages 57–62)

What This Means (2025 FDD)

According to Spray Net's 2025 Franchise Disclosure Document, franchisees must execute a general release to renew their franchise agreement. In addition to the general release, franchisees must meet several other requirements to renew their agreement.

The requirements include not having any uncured material defaults under the existing Franchise Agreement, including any monetary defaults. Franchisees must also execute Spray Net's then-current franchise agreement, which may contain materially different terms and conditions than the original agreement. A renewal fee of $10,000 is also required.

Furthermore, franchisees must complete Spray Net's then-current refresher training course, participate in and support the operational procedures recommended or provided by Spray Net, and re-image, renovate, refurbish, and modernize the Approved Vehicles and Franchised Business. These conditions ensure that franchisees remain compliant with Spray Net's standards and practices upon renewal.

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.