What exhibit contains the Franchise Agreement with Guaranty and Assumption of Obligations for Aw?
Aw Franchise · 2025 FDDAnswer from 2025 FDD Document
The following agreements are attached as exhibits to this Disclosure Document: Exhibit B Franchise Agreement with Guaranty and Assumption of Obligations.
EXHIBIT 2 TO THE FRANCHISE AGREEMENT
GUARANTY AND ASSUMPTION OF OBLIGATIONS
Source: Item 22 — CONTRACTS (FDD pages 39–40)
What This Means (2025 FDD)
According to Aw's 2025 Franchise Disclosure Document, the Franchise Agreement with Guaranty and Assumption of Obligations is detailed in Exhibit B. Additionally, Exhibit 2 to the Franchise Agreement contains the Guaranty and Assumption of Obligations.
This means that prospective Aw franchisees will find the full franchise agreement, including details about the obligations and responsibilities, in Exhibit B of the FDD. Furthermore, if the franchisee is an entity, Exhibit 2 outlines the specific guaranty and assumption of obligations required. This is a standard practice in franchising, where the franchisor seeks assurance that the franchisee, and potentially its owners, are fully committed to fulfilling the agreement's terms.
It is important for potential Aw franchisees to carefully review both Exhibit B and Exhibit 2 to understand their rights, responsibilities, and any personal guarantees they may be required to provide. Understanding these documents is crucial before entering into a franchise agreement.