factual

What is the role of the person signing the sample Confidentiality and Restrictive Covenant Agreement for Beauty Bungalows?

Beauty_Bungalows Franchise · 2025 FDD

Answer from 2025 FDD Document

sses are the personal addresses for the Franchisees.

Former Franchisees Who Were Terminated, Canceled, Not Renewed, or Otherwise Voluntarily or Involuntarily Ceased to Do Business Under the Franchise Agreement During our Prior Fiscal Year (or have not communicated with us within 10 weeks of the issuance date of this disclosure document):

None.

EXHIBIT G

SAMPLE CONFIDENTIALITY AND RESTRICTIVE COVENANT AGREEMENT

(for trained employees, officers, directors, general partners, members, Operating Principal(s), Key Manager(s), and any other management personnel of Franchisee)

In consideration of my being a [INSERT TITLE/ROLE WITH FRANCHISEE] of [FRANCHISEE ENTITY] (the "Franchisee"), and other good and valuable consideration, the receipt and sufficiency of which is acknowledged, I (the undersigned) hereby acknowledge and agree that Franchisee has acquired the right from Beauty Bungalows Franchising, LLC (the "Company") to: (i) establish and operate a Beauty Bungalows franchised business (the "Franchised Business"); and (ii) use in the operation of the Franchised Business the Company's trade names, trademarks and service marks (collectively, the "Marks") and the Company's unique and distinctive format and system relating to the establishment and operation of a Franchised Business (the "System"), as they may be changed, improved and further developed from time to time in the Company's sole discretion, only at the following authorized and approved location: [LOCATION ADDRESS] (the "Premises").

    1. The Company possesses certain proprietary and confidential information relating to the operation of the Franchised Business and System generally, including without limitation: Company's proprietary and confidential Operations Manual and other manuals providing guidelines, standards and specifications related to the establishment and operation of the Franchised Business (collectively, the "Manual"); Franchisor's proprietary training materials and programs, as well as proprietary marketing methods and other instructional materials, trade secrets; information related to any other proprietary methodology or aspects of the System or the establishment and continued operation of the Franchised Business; financial information; any and all customer lists, contracts and other customer information obtained through the operation of the Franchised Business and other _______ businesses; any information related to any type of proprietary software that may be developed and/or used in the operation of with the Franchised Business;

Source: Item 23 — RECEIPTS (FDD pages 48–177)

What This Means (2025 FDD)

According to the 2025 Beauty Bungalows FDD, the sample Confidentiality and Restrictive Covenant Agreement is intended for trained employees, officers, directors, general partners, members, Operating Principal(s), Key Manager(s), and any other management personnel of the Beauty Bungalows franchisee. By signing this agreement, these individuals acknowledge that the franchisee has the right to operate a Beauty Bungalows franchised business using the company's trademarks and system at an approved location.

The agreement ensures that these individuals, due to their positions, agree to hold confidential information in strict confidence and only use it in connection with their duties for the Beauty Bungalows franchise. This obligation extends even after they cease to be in that position, preventing them from disclosing or using the information unless it becomes publicly known through means other than a breach of the agreement.

Furthermore, the agreement includes a post-term restrictive covenant. If the individual is a manager of the franchised business, or an officer/director/manager/partner of the franchisee who has not already executed a personal guaranty, they agree not to be involved in any competing business for one year after their employment ends. This restriction applies within a 10-mile radius of the Beauty Bungalows premises or any other Beauty Bungalows business. They also agree not to divert business or solicit employees or customers of the Beauty Bungalows franchise for any competitive purpose during this period.

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.