For Beverly Anns Cookie, who is required to sign the System Protection Agreement?
Beverly_Anns_Cookie Franchise · 2025 FDDAnswer from 2025 FDD Document
Any Designated Manager and any officer that does not own equity in the Franchisee entity must sign the "System Protection Agreement," the form of which is attached to this Franchise Disclosure Document in Exhibit H. All of your employees, independent contractors, agents, or representatives that may have access to our confidential information must sign a "Confidentiality Agreement" (unless they already signed a System Protection Agreement), the current form of which is attached to this Franchise Disclosure Document in Exhibit H. Each direct and indirect owner (i.e., each person holding a direct or indirect ownership interest in your entity) of the Franchisee entity must sign a "Franchise Owner Agreement," the form of which is attached to the Franchise Agreement as Attachment C. We also require that the spouses of the Beverly Ann's Cookie Franchise owners sign the Franchise Owner Agreement. The Franchise Owner Agreement extends the obligations of the Franchise Agreement to each owner and their spouse with each owner and spouse bound to and liable for the terms of the Franchise Agreement.
Source: Item 15 — OBLIGATION TO PARTICIPATE IN THE ACTUAL OPERATION OF THE FRANCHISE BUSINESS (FDD pages 48–49)
What This Means (2025 FDD)
According to Beverly Anns Cookie's 2025 Franchise Disclosure Document, the System Protection Agreement must be signed by any Designated Manager and any officer that does not own equity in the Franchisee entity. The purpose of this agreement is to protect Beverly Ann's Cookie's system and confidential information.
In addition to the System Protection Agreement, all employees, independent contractors, agents, or representatives who may have access to Beverly Ann's Cookie's confidential information must sign a Confidentiality Agreement, unless they have already signed a System Protection Agreement. Furthermore, each direct and indirect owner of the Franchisee entity, as well as their spouses, must sign a Franchise Owner Agreement, which extends the obligations of the Franchise Agreement to them.
For a prospective Beverly Anns Cookie franchisee, this means that not only will they be required to sign agreements, but they must also ensure that their designated manager, non-equity holding officers, employees, contractors, agents, representatives, and even their spouse, sign the appropriate agreements. This ensures that all parties with access to Beverly Ann's Cookie's confidential information and system are legally bound to protect it. The forms for these agreements are included as exhibits in the Franchise Disclosure Document.