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I don't think he's allowed to do that. I understand that with that type of agreement it would be easier to get a sponsor, but the whole point of the financial sponsor is that if neo can't support himself, the sponsor HAS to and is legally bound to do so, that's why immigration requests a financial sponsor to certain people, most people usually get their spouse or a relative to be their financial sponsor for example.
I'm not a lawyer, so I can't be 100% sure, but that type of agreement sounds to me like it would defeat the whole purpose of being a financial sponsor, and I don't think immigration would like it. If he does it without letting immigration know, it might work, but if they find out, he may get in trouble. I would check with an immigration lawyer just in case, but personally, if his lawyer is suggesting that, I would get a second opinion.
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