Where is the definition of "Competing Business" located within the Benjamin Franklin Plumbing Franchise Agreement?
Benjamin_Franklin_Plumbing Franchise · 2025 FDDAnswer from 2025 FDD Document
While the Franchise Agreement is in effect and you continue in your role with Franchisee, you will not, directly or indirectly (such as through an affiliate or a family member) own, operate, engage in, be employed by, provide assistance to, or have any economic interest in any Competing Business. "Competing Business" has the same meaning as set forth in the Brand Appendix to the Franchise Agreement.
Source: Item 23 — RECEIPTS (FDD pages 88–312)
What This Means (2025 FDD)
According to the 2025 Benjamin Franklin Plumbing Franchise Disclosure Document, the definition of "Competing Business" is found in the Brand Appendix to the Franchise Agreement. Specifically, a franchisee signing the Confidentiality and Non-Compete Agreement agrees not to engage in any Competing Business while the Franchise Agreement is in effect and they continue their role with the franchisee.
The Brand Appendix is designated as Appendix B to the Franchise Agreement. This appendix contains business terms that are specific to the Benjamin Franklin Plumbing brand.
It is important for prospective franchisees to review Appendix B carefully to understand the full scope of what constitutes a "Competing Business" and the restrictions placed on them during and after the franchise term. Understanding these restrictions is crucial for assessing the potential impact on their future business activities.