Under the Hydrodog franchise agreement, what is contained in Exhibit B?
Hydrodog Franchise · 2025 FDDAnswer from 2025 FDD Document
Our current form of Franchise Agreement is attached as Exhibit "B" (the "Franchise Agreement"). If you are a corporation, limited liability company or limited partnership (a "Business Entity"), your owners will sign our principal owner's guaranty (the "Principal Owner's Guaranty") our current form of which is attached to the Franchise Agreement as Exhibit "B."
Source: Item 22 — CONTRACTS (FDD page 43)
What This Means (2025 FDD)
According to Hydrodog's 2025 Franchise Disclosure Document, Exhibit B contains the current form of the Franchise Agreement. If the franchisee is a corporation, limited liability company, or limited partnership, Exhibit B also includes the current form of the Principal Owner's Guaranty, which the owners will sign.
This means that prospective Hydrodog franchisees should carefully review Exhibit B to understand the full legal obligations and responsibilities they will be undertaking when they sign the Franchise Agreement. The Principal Owner's Guaranty, if applicable, adds another layer of personal liability for the business owners.
Franchise agreements are legally binding documents, so it is essential that potential Hydrodog franchisees seek legal counsel to fully understand the terms and conditions outlined in Exhibit B before signing.