What is the effect of amendments and changes to the Apricot Lane Franchise Agreement on the Guarantor's obligations?

Without affecting the obligations of the undersigned under this Guarantee, FRANCHISOR may, without notice to the undersigned, extend, modify, supplement, waive strict compliance with, or release all or any provisions of the Franchise Agreement or any indebtedness or obligation of FRANCHISEE, or settle, adjust, release, or compromise any claims against FRANCHISEE or any guarantor, make advances for the purpose of performing any obligations of FRANCHISEE Each of the undersigned waives: (i) all rights to payments and claims for reimbursement or subrogation that any of the undersigned may have against FRANCHISEE arising as a result of the undersigned's execution of and performance under this Guaranty under the Franchise Agreement, assign the Franchise Agreement or the right to receive any sum payable thereunder, and the undersigned each hereby jointly and severally waive notice of same and agree to remain and be bound by any and

all such amendments and changes to the Franchise Agreement. FRANCHISOR shall have no present or future duty or obligation to the undersigned under this Guarantee, and each of the undersigned waives any right to claim or assert any such duty or obligation, to discover or disclose to the undersigned any information, financial or otherwise, concerning FRANCHISEE, any other guarantor, or any collateral securing any obligations of FRANCHISEE to FRANCHISOR.

Source: Item 23 — RECEIPTS (FDD pages 51–222)