Does Boulder Designs require officers, managers, and partners to sign a non-compete agreement?
Boulder_Designs Franchise · 2025 FDDAnswer from 2025 FDD Document
In furtherance of this Section, Franchisor has the right to require officers, managers, and partners along with certain individuals and any Covered Person to execute a standard form non-disclosure or noncompetition agreements in a form the same as the Non-Disclosure and Non-Competition Agreement attached as Exhibit 2.
Source: Item 22 — CONTRACTS (FDD page 50)
What This Means (2025 FDD)
According to Boulder Designs' 2025 Franchise Disclosure Document, Boulder Designs has the right to require officers, managers, and partners to execute a standard form non-disclosure or non-competition agreement. This agreement is in the same form as the Non-Disclosure and Non-Competition Agreement attached as Exhibit 2 in the FDD.
This means that if you are an officer, manager, or partner in a Boulder Designs franchise, you may be required to sign a non-compete agreement. The non-compete agreement restricts individuals from engaging in any competitive business. A Competitive Business is defined as any business that offers or provides engraved concrete signage or concrete landscaping products or services similar to those sold by Boulder Designs.
The non-compete restrictions apply if the competitive business is located or operating within 25 miles of the approved Boulder Designs location or within the territory, whichever is greater. It also applies within 25 miles of any other Boulder Designs business in existence at the time of termination or expiration. Additionally, the agreement prohibits soliciting or attempting to influence any customer, employee, or business associate of Boulder Designs or its franchisees to terminate or modify their business relationship with Boulder Designs.