Common use of Agreements/Releases Clause in Contracts

Agreements/Releases. If you satisfy all of the other conditions to the grant of a successor franchise, you and your owners agree to execute the form of franchise agreement and any ancillary agreements we are then customarily using in connection with the grant of successor franchises for NETSPACE(R) businesses. You and your owners further agree to execute general releases, in form satisfactory to us, of any and all claims against us and our shareholders, officers, directors, employees, agents, successors and assigns. Failure by you or your owners to sign such agreements and releases and deliver them to us for acceptance and execution one hundred eighty (180) days after their delivery to you will be deemed an election not to acquire a successor franchise.

Agreements/Releases. If you satisfy all of the other conditions to the grant of a successor franchise, you and your owners agree to execute the form of franchise agreement and any ancillary agreements we then are then customarily using in connection with the grant of granting successor franchises for NETSPACE(R) businessesXXXXX'X SUBS Restaurants (modified as necessary to reflect the fact that it is for a successor franchise). You and your owners further agree to execute general releases, in form satisfactory to us, of any and all claims against us and our shareholders, officers, directors, employees, agents, successors and assigns. Failure by you or your owners to sign such these agreements and releases and deliver them to us for acceptance and execution one hundred eighty within sixty (18060) days after their delivery to you will be deemed an election not to acquire a successor franchise.