In the context of the Confidentiality and Non-Competition Agreement for Annex Brands, who is referred to as 'we,' 'us,' or 'our'?
Annex_Brands Franchise · 2025 FDDAnswer from 2025 FDD Document
| This CONFIDENTIALITY AND NON-COMPETITION AGREEMENT ("Agreement") | |
|---|---|
| is entered into by | |
| ("we," | |
| "us," or "our"), a franchisee of ANNEX BRANDS, INC. ("Franchisor"), and | |
| ("you," "your" or "yourself"). |
Source: Item 23 — Receipts (FDD pages 110–299)
What This Means (2025 FDD)
According to Annex Brands' 2025 Franchise Disclosure Document, in the context of the Confidentiality and Non-Competition Agreement, the terms 'we,' 'us,' or 'our' refer to a franchisee of Annex Brands, Inc. This means that the agreement is between the individual franchisee and another party, with the franchisee being identified as 'we,' 'us,' or 'our' within the legal document.
This is important for prospective franchisees to understand because it clarifies their role in the agreement. The franchisee is the party undertaking certain obligations, such as maintaining confidentiality and adhering to non-competition terms. This agreement is separate from the franchise agreement itself, which is between the franchisee and Annex Brands, Inc.
It is crucial for potential Annex Brands franchisees to carefully review the Confidentiality and Non-Competition Agreement to fully understand their obligations and restrictions. They should seek legal counsel to ensure they comprehend the terms and conditions before signing the agreement. This will help them avoid potential disputes or legal issues in the future.