factual

Where can I find the Non-Competition and Non-Solicitation Agreement mentioned in the Annex Brands FDD?

Annex_Brands Franchise · 2025 FDD

Answer 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.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.