What specific agreement is referenced as 'FA' in the Angry Chickz guarantor agreement?
Angry_Chickz Franchise · 2025 FDDAnswer from 2025 FDD Document
Exhibit A - Franchise Agreement
Exhibit B - Area Development Agreement
Exhibit C - General Release
Exhibit D – Continuing Guaranty
Source: Item 22 — CONTRACTS (FDD page 54)
What This Means (2025 FDD)
According to the 2025 Angry Chickz Franchise Disclosure Document, the Continuing Guaranty agreement references 'FA' as the Franchise Agreement. This is clarified in Exhibit D, which identifies the 'Continuing Guaranty' as one of the key agreements in the franchise system.
Specifically, the guarantor's obligations are tied to the franchisee's performance under the Franchise Agreement. This means that if the franchisee fails to meet their financial or operational obligations as outlined in the Franchise Agreement, the guarantor becomes responsible for fulfilling those obligations.
Prospective Angry Chickz franchisees should carefully review the Franchise Agreement and Continuing Guaranty with their legal and financial advisors to fully understand the scope of the guarantor's responsibilities and potential liabilities. This is a standard practice in franchising, as franchisors often require a personal guarantee to ensure the franchisee's commitment and financial stability.