What agreement must each owner of the transferee and their respective spouses personally execute when transferring a Deer Solution franchise?

According to Deer Solution's 2025 Franchise Disclosure Document, in the event of a franchise transfer, the owners and their spouses of the proposed transferee may be required to sign a 'Franchise Owner and Spouse Agreement and Guaranty.' This agreement is entered into individually by the owner or spouse of the owner of the franchisee in favor of Deer Solution Franchising LLC.

The Franchise Owner and Spouse Agreement and Guaranty means the form of agreement attached to the Franchise Agreement as Exhibit 1. The Franchise Owner and Spouse Agreement and Guaranty is an agreement and guarantee individually, jointly, and severally entered into by the Owners and Spouses of Franchisee.

This agreement ensures that the owners and spouses are bound by the obligations and restrictions outlined in the franchise agreement, including guarantees, confidentiality, and non-competition covenants. Deer Solution relies on this agreement as an inducement to enter into the Franchise Agreement with the franchisee, indicating its importance in protecting the franchisor's interests and the integrity of the Deer Solution franchise system.