What exhibit contains the 'Franchise Owner and Spouse Agreement and Guaranty' for a Mrcool franchise?

According to Mrcool's 2025 Franchise Disclosure Document, the 'Franchise Owner and Spouse Agreement and Guaranty' is included as Exhibit 1 to the Franchise Agreement. This agreement is a standard legal document that Mrcool requires to be signed by the franchise owner and their spouse.

The purpose of this agreement is to ensure that both the franchisee and their spouse are personally bound by the obligations and responsibilities outlined in the Franchise Agreement. This is a common practice in franchising, as it provides an additional layer of security for the franchisor. By having the spouse sign the agreement, Mrcool aims to prevent potential legal issues that could arise if the franchisee's spouse were to later claim they were not aware of or bound by the terms of the Franchise Agreement.

Prospective Mrcool franchisees should carefully review Exhibit 1 with their legal counsel to fully understand the implications of signing the 'Franchise Owner and Spouse Agreement and Guaranty'. This review will help ensure they are aware of all obligations and potential liabilities associated with the Mrcool franchise.