Where can I find the Non-Competition and Non-Solicitation Agreement mentioned in the Annex Brands FDD?
Annex_Brands Franchise · 2025 FDDAnswer from 2025 FDD Document
Attachment 11 – Non-Competition and Non-Solicitation Agreement
Source: Item 15 — Obligation to Participate in the Actual Operation of the Franchise Business (FDD page 70)
What This Means (2025 FDD)
According to the 2025 Annex Brands Franchise Disclosure Document, the Non-Competition and Non-Solicitation Agreement can be found as Attachment 11 to the Retail Center Franchise Agreement. Item 22 of the FDD lists all contracts included as part of the franchise agreement.
Specifically, Exhibit B, which contains the Retail Center Franchise Agreement and its attachments, includes Attachment 11, titled "Non-Competition and Non-Solicitation Agreement." This agreement outlines the restrictions placed on franchisees regarding competition and solicitation both during and after the franchise term.
Prospective franchisees should carefully review Attachment 11 to understand the terms of the non-competition and non-solicitation clauses. These clauses typically restrict a franchisee's ability to operate a similar business or solicit employees or customers within a certain geographic area and timeframe after leaving the Annex Brands franchise system. Understanding these restrictions is crucial for planning future business activities after the franchise agreement concludes.