Does the Dollar Rent A Car agreement mention Attachment G?
Dollar_Rent_A_Car Franchise · 2025 FDDAnswer from 2025 FDD Document
ATTACHMENTS
Attachment A − Franchised System, Commercial Terms, Locations and Territory
Attachment B – Performance Requirements
Attachment C – Franchisee Information
Attachment D − Vehicles
Attachment E − Telephone Numbers
Attachment F – Confidentiality and Non-Compete Agreement (Owners)
Attachment G − Personal Guaranty Agreement
Attachment H – Confidentiality Agreement (Managerial Employees)
Source: Item 23 — RECEIPTS (FDD pages 102–301)
What This Means (2025 FDD)
Yes, according to the 2025 Dollar Rent A Car Franchise Disclosure Document, Attachment G is mentioned. Specifically, Attachment G is the Personal Guaranty Agreement. This agreement requires the franchisee to guarantee the financial obligations and performance of the franchise under the Franchise Agreement.
The Personal Guaranty Agreement ensures that Dollar Rent A Car has recourse to the franchisee's personal assets if the franchise fails to meet its financial obligations. This is a common practice in franchising, as it provides the franchisor with an additional layer of security.
The agreement covers all of the franchisee's obligations and liabilities, including payments and performance under the Franchise Agreement, as well as any other present or future agreements between the franchisee and Dollar Rent A Car. It also includes all expenses incurred by Dollar Rent A Car in collecting any outstanding amounts or enforcing the guaranty, such as attorney's fees and legal expenses. Prospective franchisees should carefully review this attachment with their legal and financial advisors to fully understand the implications of providing a personal guarantee.