What is the agreement called that governs the relationship between the Company and Durar Investment, LLC for Azal Coffee?
Azal_Coffee Franchise · 2024 FDDAnswer from 2024 FDD Document
| I am an employee or trainee of | (the |
|---|---|
| "Company"). The Company operates or is developing an Azal Coffee | |
| Store franchise under a | |
| Franchise Agreement between the Company and Durar Investment, LLC (the "Franchisor") or of | |
| one of its affiliates or franchisees. |
Source: Item 23 — RECEIPTS (FDD pages 51–204)
What This Means (2024 FDD)
According to the 2024 Azal Coffee Franchise Disclosure Document, the agreement governing the relationship between the Company (an employee or trainee) and Durar Investment, LLC is called a "Franchise Agreement". Durar Investment, LLC is referred to as the "Franchisor" in this agreement. This agreement outlines the terms and conditions under which the Company operates or develops an Azal Coffee store franchise.
This Franchise Agreement grants the Franchisor specific rights, primarily to protect Azal Coffee's confidential information, systems, and brand. The agreement ensures that employees or trainees of the Company acknowledge the Franchisor's ownership of the Azal Coffee systems and confidential information. It also stipulates that any ideas, improvements, or innovations related to the Azal Coffee store conceived or developed during training or employment become the exclusive property of the Franchisor.
Furthermore, the agreement clarifies that the Company is an independently owned and operated Azal Coffee franchisee and is solely responsible for the employment terms and compensation of its employees. The Franchisor is not considered the direct or indirect employer of the Company's staff. The agreement also includes provisions to prevent the disclosure of confidential information, with employees agreeing not to disclose or use any confidential information learned during their training or employment, both during and after their association with the Company. This is a standard practice in franchising to protect the brand and operational methods.