In the Boulder Designs Non-Disclosure and Non-Competition Agreement, what is the document referred to as?
Boulder_Designs Franchise · 2025 FDDAnswer from 2025 FDD Document
WHEREAS, Franchisee is a party to that certain Boulder Designs Franchising, LLC Franchise Agreement ("Franchise Agreement") by and between Franchisee and Boulder Designs Franchising, LLC ("Company"); and
Source: Item 22 — CONTRACTS (FDD page 50)
What This Means (2025 FDD)
According to Boulder Designs' 2025 Franchise Disclosure Document, the Non-Disclosure and Non-Competition Agreement is referred to as an agreement. Specifically, the document states that the franchisee is a party to a certain Boulder Designs Franchising, LLC Franchise Agreement, which is then referenced parenthetically as "Franchise Agreement".
This indicates that the full franchise agreement between Boulder Designs and the franchisee is the primary document, and the non-disclosure and non-competition aspects are components within that broader agreement. This is a common practice in franchising, where key obligations like confidentiality and non-compete clauses are integrated into the main franchise agreement rather than existing as standalone documents.
For a prospective Boulder Designs franchisee, this means that the terms of the Non-Disclosure and Non-Competition Agreement are legally binding parts of the overall Franchise Agreement. Understanding the full scope of the Franchise Agreement, including these specific clauses, is crucial before signing, as it dictates the franchisee's rights and responsibilities regarding confidential information and competitive activities both during and after the franchise term.