What is the term of the Guaranty and Assumption of Franchisee's Obligations for Floyds 99?

Based on the 2025 Floyds 99 Franchise Disclosure Document, Exhibit II lists the 'Guaranty and Assumption of Franchisee's Obligations' as one of the contracts associated with the franchise agreement. However, the document does not specify the term or duration of this guarantee.

Since the FDD does not provide the specific term for the Guaranty and Assumption of Franchisee's Obligations, prospective franchisees should directly ask Floyds 99 for clarification. Understanding the length and conditions of this obligation is crucial, as it dictates the period during which the guarantor is responsible for the franchisee's debts and obligations.

It is important for potential Floyds 99 franchisees to fully understand the implications of the Guaranty and Assumption of Franchisee's Obligations, including the circumstances under which the guarantee can be invoked and any limitations on liability. Consulting with a legal professional to review this document is advisable to ensure a complete understanding of its terms and conditions.