When must a copy of the Non-Competition and Non-Disclosure Agreement be delivered to Beehive Homes?

According to Beehive Homes' 2025 Franchise Disclosure Document, franchisees are obligated to have each employee of their Home execute the standard Non-Competition and Non-Disclosure Agreement. A copy of this agreement must be delivered to Beehive Homes within one week of its execution or on the employee's first day of employment, whichever comes sooner. This requirement ensures that Beehive Homes receives timely confirmation that all employees are bound by the non-competition and non-disclosure terms.

This policy is in place to protect Beehive Homes' proprietary information and trade secrets. The Franchise Agreement states that the franchisee's knowledge of the Beehive Homes system is derived from information disclosed by Beehive Homes and that this information is proprietary, confidential, and a trade secret. By requiring employees to sign and adhere to the Non-Competition and Non-Disclosure Agreement, Beehive Homes aims to maintain the secrecy of its operational methods and protect its competitive advantage.

For a prospective franchisee, this means implementing a system to ensure all employees sign the agreement promptly and that copies are sent to Beehive Homes within the specified timeframe. Failure to comply with this requirement could potentially lead to breaches of confidentiality and could have legal ramifications. Franchisees should ensure they have a clear process for managing these agreements as part of their onboarding procedures.