Besides managers, who else must sign a nondisclosure, non-solicitation, and noncompetition agreement for a Buona franchise?
Buona Franchise · 2025 FDDAnswer from 2025 FDD Document
Franchisee must have its shareholders, officers, directors, members, managers, partners, guarantors, supervisory and principal employees, including managers and assistant managers (as a condition to their employment), anyone Franchisee may choose to send to training, and anyone who has access to the Manual or any of Franchisor's proprietary information or Confidential Information, execute Franchisor's standard Nondisclosure and Noncompetition Agreement (which is an exhibit to the Franchise Disclosure Document and as may be updated in the Manual) before performing any work at the Franchised Business or otherwise having access to Franchisor's proprietary information.
Source: Item 15 — OBLIGATION TO PARTICIPATE IN THE ACTUAL OPERATION OF THE FRANCHISE BUSINESS (FDD pages 51–52)
What This Means (2025 FDD)
According to Buona's 2025 Franchise Disclosure Document, several individuals associated with a franchisee must sign a Nondisclosure and Noncompetition Agreement. Besides managers, this requirement extends to shareholders, officers, directors, members, partners, and guarantors of the franchisee. Additionally, supervisory and principal employees, including assistant managers, must sign the agreement as a condition of their employment.
Buona also requires anyone the franchisee sends to training and anyone who has access to the Buona's manual or any of its proprietary or confidential information to sign the agreement. This ensures that a broad range of individuals connected to the franchise operation are legally bound to protect Buona's sensitive business information and refrain from competitive activities.
For a prospective Buona franchisee, this means carefully managing who has access to confidential information and ensuring all relevant parties execute the required agreements. The franchisee must ensure compliance with these requirements to protect Buona's interests and avoid potential legal issues.