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Canadian franchisors, obtain a Guarantee, Indemnification & Acknowledgement from your franchisees with this easy-to-use template. The Guarantee is given by a principal of the franchisee, guaranteeing the obligations of the franchisee and the payment of amounts owing under the Franchise Agreement. Under the Indemnification & Acknowledgement portion of the document, the Franchisee indemnifies the Franchisor against losses or claims. The Franchisee also acknowledges and agrees to be bound by its covenants as set out in the Franchise Agreement. This Canada Guarantee, Indemnification & Acknowledgement by Franchisee form is available as a Microsoft Word download and is fully editable to fit your specific circumstances.