According to the Body20 FDD, what is included in Appendix C to the Franchise Agreement?

According to Body20's 2025 Franchise Disclosure Document, Appendix C to the Franchise Agreement includes the Payment and Performance Guarantee. This guarantee requires the guarantor to ensure the franchisee meets all financial and performance obligations to Body20.

The Payment and Performance Guarantee stipulates that the guarantors (those signing the guarantee) jointly and severally guarantee the payment and performance of all the franchisee's obligations to Body20. This includes all debts and liabilities, whether direct or indirect, existing now or in the future, under the Franchise Agreement or otherwise. The guarantee extends to any modifications or renewals of these obligations.

In practical terms, this means that if the Body20 franchisee fails to pay or perform their obligations, the guarantors are immediately responsible for fulfilling those obligations. Furthermore, the guarantors are responsible for covering all expenses, including reasonable attorney's fees, incurred by Body20 in enforcing the guarantee or recovering any guaranteed liabilities. The document also states that the guarantors acknowledge they have reviewed the Franchise Agreement and had the opportunity to seek legal counsel to understand its implications and the guarantee's terms.