Which state's laws govern the Dryject Guaranty Agreement?

According to Dryject's 2025 Franchise Disclosure Document, the Guaranty Agreement is governed by the laws of the state in which Dryject's principal place of business is located. Currently, that principal place of business is Hatboro, Pennsylvania. Therefore, the Guaranty Agreement is governed by Pennsylvania law, and any guarantor submitting to the agreement irrevocably submits to the jurisdiction and venue of the courts of Pennsylvania.

This means that any legal disputes related to the Guaranty Agreement will be interpreted and resolved according to Pennsylvania law. Franchisees and guarantors should be aware of this and understand the legal implications of Pennsylvania law before signing the agreement. This also means that any legal proceedings related to the Guaranty Agreement would likely take place in Pennsylvania courts.

This clause is fairly standard in franchise agreements, as it provides clarity and predictability regarding the legal framework that will govern the agreement. It is important for prospective franchisees to consult with legal counsel to fully understand the implications of the governing law and jurisdiction provisions, especially if they are located outside of Pennsylvania.