Does the Anago Guaranty continue in effect for any extension or modification to the Franchise Agreement?

According to Anago's 2025 Franchise Disclosure Document, the Guaranty remains in full effect for any extension, modification, or amendment to the Franchise Agreement or any other Anago Agreements. This means that if the Franchise Agreement is extended or modified, the guarantor's obligations under the Guaranty will continue without the need for any additional notice or consent from the guarantor.

This provision protects Anago by ensuring that the financial guarantees provided by the guarantor remain valid throughout the life of the franchise relationship, even if the terms of the agreement change. The guarantor waives their right to receive notice of any such extensions, modifications, or amendments, indicating a comprehensive and ongoing commitment to the franchisee's obligations. This clause is designed to provide continuous security to Anago, preventing any lapse in the guarantee due to changes in the underlying agreement.

For a prospective Anago franchisee, this clause highlights the importance of understanding the full scope of the Guaranty and its long-term implications. The guarantor's obligations are not diminished by any changes to the Franchise Agreement, and their liability remains absolute and unconditional. Therefore, anyone considering acting as a guarantor should carefully review the terms of the Guaranty and be fully aware of the potential financial responsibilities they are undertaking, as it extends to any future modifications or extensions of the franchise agreement.