According to the 2025 Caption By Hyatt Franchise Disclosure Document, Exhibit H to the Brand Hotel Franchise Agreement concerns the Guaranty and Assumption of Obligations. This exhibit likely outlines the terms under which a third party (guarantor) agrees to fulfill the franchisee's obligations to Caption By Hyatt if the franchisee defaults. This provides Caption By Hyatt with an additional layer of financial security.

For a prospective Caption By Hyatt franchisee, this means they may need to find a guarantor who is willing to assume their obligations under the franchise agreement. This could be a parent company, a major investor, or another entity with sufficient financial resources. The specific obligations covered by the guaranty would be detailed in Exhibit H itself.

It is important for a potential Caption By Hyatt franchisee to carefully review Exhibit H with their legal and financial advisors to fully understand the scope of the guaranty and the potential liabilities of the guarantor. Understanding the conditions under which the guaranty can be invoked and the extent of the guarantor's responsibilities is crucial for both the franchisee and the guarantor.