What is the document called that each principal of the Amorino franchisee entity must sign?

According to Amorino's 2025 Franchise Disclosure Document, if the transferee is a business entity, each of the transferee's principals and their spouse or registered domestic partner must deliver to Amorino a guaranty in Amorino's then-current standard form of guaranty. This means that principals of a business entity that becomes an Amorino franchisee, along with their spouse or registered domestic partner, are required to sign a personal guaranty. This guaranty ensures that these individuals are personally liable for the obligations of the franchise agreement, even if the franchise is operated through a corporate entity.

This requirement is a common practice in franchising, as it provides the franchisor with an additional layer of security. By having the principals personally guarantee the franchise's obligations, Amorino can pursue their personal assets if the franchise fails to meet its financial or contractual responsibilities. This reduces the risk for Amorino and ensures that the individuals behind the franchise are fully committed to its success.

For a prospective Amorino franchisee, this means that if they plan to operate the franchise through a business entity, they and their spouse or registered domestic partner should be prepared to sign a personal guaranty. They should carefully review the terms of the guaranty and understand the extent of their personal liability. It is advisable to seek legal counsel to fully understand the implications of signing such a document.