factual

In the Beverly Anns Cookie agreement, who are 'you' and 'your' referring to?

Beverly_Anns_Cookie Franchise · 2025 FDD

Answer from 2025 FDD Document

  • 2. Background.You are an employee, independent contractor, agent, representative, or supplier of Franchisee. Because of this relationship, you may gain knowledge of our Intellectual Property. You understand that protecting the Intellectual Property is vital to our success and that of our franchisees, and that you could seriously jeopardize our entire Franchise System if you were to use such Intellectual Property in any way other than as described in this Agreement. In order to avoid such damage, you agree to comply with this Agreement.
  • 3. Know-How and Intellectual Property: Nondisclosure and Ownership. You agree: (i) you will not use the Intellectual Property in any business or capacity other than for the benefit of the

Source: Item 22 — CONTRACTS (FDD page 57)

What This Means (2025 FDD)

According to the 2025 Beverly Anns Cookie Franchise Disclosure Document, the term "you" refers to the employee, independent contractor, agent, representative, or supplier of the Franchisee. This definition is specified within the context of the Sample Confidentiality Agreement.

Specifically, the agreement outlines that because of the relationship between the individual and the franchisee, the individual may gain knowledge of Beverly Ann's Cookie's intellectual property. The agreement emphasizes that protecting this intellectual property is vital to the success of Beverly Ann's Cookies and its franchisees.

The agreement states that the individual agrees not to use the intellectual property in any business other than for the benefit of the Beverly Ann's Business operated by the Franchisee, and to maintain the confidentiality of the intellectual property at all times. The individual also agrees not to make unauthorized copies of documents containing any intellectual property, and to take reasonable steps to prevent unauthorized use or disclosure of the intellectual property. Furthermore, the individual must stop using the intellectual property immediately if they are no longer associated with the Franchisee.

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.