What exhibit in the Casiola Franchise Agreement contains the Franchise Owner Agreement and Guaranty?

According to the 2024 Casiola Franchise Disclosure Document, the Franchise Owner Agreement and Guaranty is included as Exhibit 1 to the Franchise Agreement. This agreement is entered into by each owner of the franchisee and is delivered in favor of Casiola Franchise LLC.

The Franchise Owner Agreement and Guaranty obligates the owners to guarantee the franchisee's obligations to Casiola. It also includes brand protection, confidentiality, and non-competition restrictions and covenants. Casiola states that it relies on this agreement and would not enter into a Franchise Agreement without it.

Prospective franchisees should carefully review Exhibit 1 with their legal counsel to fully understand the obligations and restrictions placed on them as owners. This is especially important because the agreement applies individually, jointly, and severally to all owners who sign it. Understanding these obligations is a critical part of assessing the overall risks and benefits of investing in a Casiola franchise.