General Release Agreement

Sample General Release Agreement



_______________ a ______________, whose address for the purpose of this Release is

__________________________________          ("Franchisee"),          __________________,          a(n)

________________________, whose address for the purpose of this Release is

_____________________________________, and ________________________________, a(n)

_______________, whose address for the purpose of this Release is

__________________________________________(collectively, "Franchisee's Principals") hereby release

and forever discharge Marble Slab Creamery, Inc., a Texas corporation having its principal place of business at 3100 S. Gessner, Suite 305, Houston, Texas 77063 ("Company"), its affiliates, and their respective heirs, successors, members, shareholders, representatives, assigns, agents, employees, officers and directors ("Affiliates"), of and from any claims, debts, liabilities, demands, obligations, costs, expenses, actions and causes of action of every nature, character and description, known or unknown, vested or contingent, that Franchisee or any of Franchisee's Principals now own or hold, or has at any time heretofore owned or held, or may at any time own or hold against Company and its Affiliates, arising before and including the date of this Release, including, without limitation, any such claims that Franchisee or any of Franchisee's Principals may have against Company and its Affiliates (i) arising under any agreement between Franchisee and its Principals and Company and its Affiliates, except those surviving the termination of that certain Franchise Agreement

dated_____________________between Franchisee and Company (the "Franchise Agreement"), and any

settlement agreement related to its termination, (ii) arising from the parties' conduct during the term of the Franchise Agreement, (iii) arising during Franchisee's operation of the franchised store located at

________________________________, (iv) arising under federal, state and local laws, rules or ordinances,

including, but not limited to, federal and state franchise and deceptive trade practice laws, or (v) any obligation to refund or otherwise return any part of the franchise fee that Franchisee paid to Company upon the execution of the Franchise Agreement.

IN WITNESS WHEREOF the parties have executed and delivered this General Release on this____

day of___________________________.

FRANCHISEE                                                         FRANCHISEE'S PRINCIPALS

[Name of Entity if Franchise is a business Entity]

Print Name:


Title:___________________________________ __________

Print Name:


D-1223720 16.DOC