What does the Guarantor agree to be bound by regarding amendments and changes to any agreement between Kidokinetics and the Franchisee?

According to Kidokinetics' 2024 Franchise Disclosure Document, the Guarantors agree to personally, jointly, and severally guarantee the Franchisee's obligations and covenants under the agreement. This means that the Guarantor is bound by each provision as though they were the Franchisee.

In simpler terms, if a prospective franchisee requires a guarantor to secure the Kidokinetics franchise agreement, that guarantor takes on the same responsibilities and liabilities as the franchisee. This includes adhering to all terms and conditions outlined in the agreement, such as financial obligations, operational standards, and compliance requirements.

This arrangement protects Kidokinetics by ensuring that there is another party responsible for the franchisee's performance. Potential guarantors should carefully review the franchise agreement and understand the full extent of their obligations before signing, as they will be held accountable for the franchisee's actions and debts related to the Kidokinetics franchise.