Where is the Baya Bar form of Confidentiality and Non-Competition Agreement located?
Baya_Bar Franchise · 2024 FDDAnswer from 2024 FDD Document
zed representatives to execute this Agreement as of the Effective Date.
FRANCHISEE (Entity): FRANCHISOR: BAYA BAR FRANCHISE SYSTEMS, LLC FRANCHISEE (Principal): FRANCHISEE (Principal):
CONFIDENTIALITY AND NON-COMPETE AGREEMENT
| This Confidentiality and Non-Compete Agreement (the "Agreement") is made and entered into |
|---|
| this |
| day of |
| , 20 |
| , by |
| , a(n) |
| ("Franchisee"), a franchisee of Baya Bar Franchise |
| Systems, LLC, a New York limited liability company ("Franchisor"), and |
| , an individual ("Covenantor") in connection with an Franchise Agreement dated. |
Source: Item 15 — OBLIGATION TO PARTICIPATE IN THE ACTUAL OPERATION OF THE FRANCHISE BUSINESS (FDD pages 42–43)
What This Means (2024 FDD)
According to Baya Bar's 2024 Franchise Disclosure Document, the Confidentiality and Non-Compete Agreement details are found in Item 22, which covers contracts. This agreement is designed to protect Baya Bar's confidential information and system from unfair competition.
The agreement is made between Baya Bar Franchise Systems, LLC (the Franchisor), the franchisee, and an individual (Covenantor). The agreement acknowledges that the Covenantor will have access to confidential information, including the Baya Bar operations manual and other materials related to the System. This access is deemed necessary for the Covenantor's duties within the franchised business.
The agreement outlines that the Covenantor must maintain the confidentiality of the Confidential Information and use it only in connection with the operation of the Franchised Business. The Covenantor is prohibited from making copies of confidential documents without express written permission from Baya Bar. Upon request or termination of employment, the Covenantor must surrender all materials containing confidential information to the franchisee or Baya Bar.