✅ Wadiz Joint Guarantee, Joint Guarantee Agreement
The joint liability of the corporate representative is necessary to protect the rights of supporters.
Most funding and pre-order 'Domestic Exclusive' type projects prepay most of the settlement amount, and corporations are subject to limited liability depending on the size of their assets. Accordingly, we are signing a joint guarantee to minimize damage to supporters and strengthen trust between makers and supporters.
The following is a distinction between cases where a joint guarantee agreement is required and cases where it is not, depending on the type of project.
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Funding / Pre-order 'Domestic Exclusive': Joint guarantee agreement required
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Pre-order 'Special Configuration' / 'Limited Edition': Joint guarantee agreement not required