Does Annex Brands provide a form of Employee/Independent Contractor Confidentiality and Non-Competition Agreement, and if so, under which exhibit is it found?
Annex_Brands Franchise · 2025 FDDAnswer from 2025 FDD Document
Exhibit G includes our form of Employee/Independent Contractor Confidentiality and Non-Competition Agreement for your employees and independent contractors.
Source: Item 22 — Contracts (FDD pages 109–110)
What This Means (2025 FDD)
According to Annex Brands' 2025 Franchise Disclosure Document, Annex Brands does provide a form of Employee/Independent Contractor Confidentiality and Non-Competition Agreement. This agreement, which Annex Brands requires franchisees to use with their employees and independent contractors, is included as Exhibit G to the Franchise Agreement. This ensures that the franchisee's employees and independent contractors are bound by confidentiality and non-competition terms similar to those the franchisee agrees to in the franchise agreement.
Having a standardized agreement helps Annex Brands maintain consistency and protect its confidential information and business practices across all franchise locations. It also provides a legal framework for addressing potential breaches of confidentiality or non-competition by employees or contractors working within the Annex Brands system.
Prospective franchisees should carefully review Exhibit G to understand the specific obligations and restrictions it places on their employees and independent contractors. They should also consult with an attorney to ensure that the agreement complies with all applicable state and federal laws, as non-compete agreements can be subject to varying degrees of enforcement depending on the jurisdiction.