What is the exhibit number for the personal guaranty form for a Clear Pest Pros franchise?

According to Clear Pest Pros's 2025 Franchise Disclosure Document, the personal guaranty form is included as Exhibit A-3. This exhibit is crucial when the franchisee is a legal entity such as a partnership, LLC, or corporation. In such cases, all general partners, members, and equity interest holders must execute an agreement personally guaranteeing the legal entity's obligations to Clear Pest Pros. This ensures that the franchisor has recourse to the personal assets of the business owners if the franchise fails to meet its financial or contractual obligations.

The personal guaranty binds these individuals jointly and severally to all terms of the Franchise Agreement, including restrictions on assignment. This means each guarantor is independently liable for the full amount of the franchise's debt and obligations. Clear Pest Pros retains the right to modify the form of the guaranty from time to time, so franchisees should review the most current version carefully.

For prospective Clear Pest Pros franchisees, understanding the implications of the personal guaranty is essential. It represents a significant commitment, as it puts personal assets at risk. Franchisees should seek legal counsel to fully understand the scope of the guaranty and its potential impact on their personal finances. This is a standard practice in franchising, as it provides franchisors with added security and aligns the interests of the business owners with the success of the franchise.