What is Exhibit D related to in the Cool Binz Franchise Agreement?

According to Cool Binz's 2025 Franchise Disclosure Document, Exhibit D to the Franchise Agreement pertains to the Guaranty and Assumption of Franchisee's Obligations. This exhibit is part of a series of exhibits (A through F) attached to the core Franchise Agreement. These exhibits provide further details and specifications related to various aspects of the franchise relationship.

In practical terms, the Guaranty and Assumption of Franchisee's Obligations, as detailed in Exhibit D, likely requires the franchisee (and potentially other related parties) to guarantee the franchisee's performance and financial obligations under the Franchise Agreement. This is a common practice in franchising, where the franchisor seeks assurance that the franchisee will meet its contractual duties.

For a prospective Cool Binz franchisee, this means they (and potentially their spouse or business partners) may need to personally guarantee the financial and operational commitments of the franchise. This could involve personal assets being at risk if the Cool Binz franchise fails to meet its obligations. Therefore, it is crucial for potential franchisees to carefully review Exhibit D and understand the full scope of their personal liability before signing the Franchise Agreement.

It is important to consult with a legal and financial advisor to fully understand the implications of the Guaranty and Assumption of Franchisee's Obligations. This will help a prospective Cool Binz franchisee make an informed decision about whether to proceed with the franchise opportunity.