What is the role of the Guaranty Agreement in relation to the Cinnaholic Franchising, LLC's decision to execute the Development Agreement?

Based on the 2025 Franchise Disclosure Document, the role of the Guaranty Agreement in relation to Cinnaholic Franchising, LLC's decision to execute the Development Agreement is not described in the provided excerpts. The excerpts do mention the Development Agreement in the context of securing a franchised site. Specifically, in connection with the execution of any lease or sublease for the Franchised Site, Franchisee must execute, and cause the lessor and/or sublessor of the Franchised Site to execute, the Collateral Assignment of Lease attached to the Market Development Agreement entered into between Franchisor and Franchisee (the "Development Agreement").

However, the excerpts do not provide details about the conditions or requirements related to a Guaranty Agreement that might influence Cinnaholic's decision to enter into a Development Agreement. The excerpts focus more on the franchisee's obligations regarding the franchised site and adherence to the Development Agreement's terms concerning the lease or sublease and construction of the bakery.

To fully understand the role of the Guaranty Agreement, a prospective Cinnaholic franchisee should ask the franchisor directly about the specific conditions under which a Guaranty Agreement is required, what factors Cinnaholic considers when deciding whether to require a Guaranty Agreement, and how the terms of the Guaranty Agreement relate to the obligations outlined in the Development Agreement.