What does 'Agreement' refer to in the context of Buff City Soap?
Buff_City_Soap Franchise · 2025 FDDAnswer from 2025 FDD Document
- "Agreement" means this Confidentiality and Non-Compete Agreement between Developer and Designated Principal.
[This Release will be modified as necessary for consistency with any state law regulating franchising.]
EXHIBIT D FORM OF NON-DISCLOSURE AND NON-USE AGREEMENT
THIS NON-DISCLOSURE AND NON-USE AGREEMENT (the "Agreement") is made and given to Buff City Soap Franchising, LLC, a Delaware limited liability company, for the collective benefit such entity and its affiliates (collectively, "Company"), by the undersigned, as of the date set forth below.
| THIS | GENERAL | RELEASE | ("Release") | is | executed | on | by |
|---|---|---|---|---|---|---|---|
| ("[Developer/Franchisee]") and ("Guarantors") as a | |||||||
| condition of (1) transfer or renewal of the Development Agreement | dated ("Development | ||||||
| Agreement") between Developer | and Buff City Soap, LLC ("Franchisor"); and/or (2) transfer or renewal of the | ||||||
| Franchise Agreement dated ("Franchise Agreement") between Franchisee and Franchisor. | |||||||
Source: Item 18 — PUBLIC ANNOUNCEMENTS. (FDD pages 186–204)
What This Means (2025 FDD)
According to the 2025 Buff City Soap Franchise Disclosure Document, the term "Agreement" can refer to multiple agreements depending on the context. Specifically, within Attachment E-1 to the Confidentiality and Non-Compete Agreement, "Agreement" means the Confidentiality and Non-Compete Agreement itself, which is between the Developer and the Designated Principal.
Additionally, Exhibit D refers to the Non-Disclosure and Non-Use Agreement as "the Agreement." This agreement is made between the individual and Buff City Soap Franchising, LLC, outlining the terms of confidentiality regarding sensitive information shared during exploration of a potential business relationship.
Furthermore, the document refers to a General Release form, where the term "Agreement" can refer to either the Development Agreement or the Franchise Agreement, depending on whether the context involves the transfer or renewal of either of those agreements. Therefore, prospective Buff City Soap franchisees should pay close attention to which specific agreement is being referenced to understand their obligations and rights.