What exhibit contains the Form of Guaranty for Surestay Hotel By Best Western?
Surestay_Hotel_By_Best_Western Franchise · 2025 FDDAnswer from 2025 FDD Document
GUARANTY OF PERFORMANCE
For value received, Best Western International, Inc., located at 6201 N. 24th Parkway, Phoenix, Arizona 85016 (the "Guarantor"), absolutely and unconditionally guarantees to assume the duties of SureStay, Inc., located at 6201 N. 24th Parkway, Phoenix, Arizona 85016 (the "Franchisor") under its franchise registration in each state where its franchise is registered or exempt from registration, as applicable, and under its Franchise Agreement as identified in its 2025 Franchise Disclosure Document, as it may be amended, and as that Franchise Agreement may be entered into with franchisees and amended, modified or extended, from time to time. This guaranty continues until all such obligations of the Franchisor under the franchise registration or franchise exemption (as applicable) and Franchise Agreement are satisfied or until liability of the Franchisor under the Franchise Agreement has been completely discharged, whichever first occurs. Guarantor is not discharged from liability if a claim by the franchisee against the Franchisor remains outstanding. Notice of acceptance is waived. The Guarantor does not waive receipt of notice of default on the part of the Franchisor. This guarantee is binding on the Guarantor and on its successors and assigns.
The Guarantor signs this guarantee at Phoenix, Arizona on the 26th day of
Guarantor:
BEST WESTERN INTERNATIONAL, INC.
By: Mark Straszynski
Title: Senior Vice President and Chief
Financial Officer
EXHIBIT F TO FDD
MANUAL TABLE OF CONTENTS
Source: Item 22 — CONTRACTS (FDD page 88)
What This Means (2025 FDD)
According to Surestay Hotel By Best Western's 2025 Franchise Disclosure Document, the Guaranty of Performance is detailed in Exhibit F to the FDD. This guaranty signifies that Best Western International, Inc. pledges to fulfill the obligations of Surestay, Inc. under the franchise registration and Franchise Agreement. This commitment remains valid until all obligations are met or the liability under the Franchise Agreement is completely discharged.
Specifically, Best Western International, Inc., located in Phoenix, Arizona, provides an absolute and unconditional guarantee to assume the duties of Surestay, Inc. This guarantee extends to each state where the franchise is registered or exempt from registration. The guarantee remains in effect as the Franchise Agreement is amended, modified, or extended over time with franchisees.
The guarantor, Best Western International, Inc., does not waive receipt of notice of default on the part of Surestay, Inc. This guarantee is binding on Best Western International, Inc., including its successors and assigns. Mark Straszynski, Senior Vice President and Chief Financial Officer, signed the guarantee on behalf of Best Western International, Inc. on the 26th day, though the month is not specified in the excerpt.