Knecht Ruprecht wrote:
1. that is indeed correct. And maybe a reason why so few creatures do have a counterattack.
2. the guard token is removed at the start of its creatures activation, not at the beginning or end of the round. So you won't move with it (though you can move and guard again).
Of course there are other situations in which you remove the guard token, the most common being getting melee attacked, thus using it...
This is absolutely correct.