factual

What is the effect of the Business Associate Agreement on the Parties for C3 Wellness Spa?

C3_Wellness_Spa Franchise · 2024 FDD

Answer from 2024 FDD Document

This Agreement (the "Agreement") is entered into by the undersigned ("you") in favor of:

WHEREAS, we are the owners of a licensed C3 Wellness Business (hereinafter referred to as the "C3 Wellness Business") that we independently own and operate as a Franchisee;

WHEREAS, you are or are about to be an employee, independent contractor, officer and/or director of an C3 Wellness Business that is independently owned and operated by us;

WHEREAS, in the course of your employment, independent contractor relationship and/or association with us, you may gain access to Confidential Information (defined below in this Agreement) and you understand that it is necessary to protect the Confidential Information and for the Confidential Information to remain confidential;

WHEREAS, our franchisor, Aryes Franchising LLC is not a party to this agreement and does not own or manage the C3 Wellness Business but is an intended third party beneficiary of this Agreement; and

WHEREAS, this Agreement is not an employment agreement and is only a confidentiality agreement in connection with information, materials and access that may be provided to you in connection with the C3 Wellness Business.

NOW THEREFORE, you acknowledge and agree as follows:

Source: Item 23 — RECEIPTS (FDD pages 59–293)

What This Means (2024 FDD)

Based on the 2024 Franchise Disclosure Document, C3 Wellness Spa utilizes a Confidentiality Agreement (referred to as a sample Business Associate Agreement) that is entered into by an employee, independent contractor, officer, and/or director of a C3 Wellness Business in favor of the C3 Wellness Business franchisee. This agreement is designed to protect the confidential information that the employee or contractor may access during their association with the franchisee's C3 Wellness Business. The agreement emphasizes that Aryes Franchising LLC, the franchisor, is not a direct party to this agreement but is considered an intended third-party beneficiary.

This agreement clarifies that it is not an employment agreement but specifically a confidentiality agreement related to the information, materials, and access provided in connection with the C3 Wellness Business. The employee or contractor acknowledges the necessity of maintaining the confidentiality of the information they receive.

Prospective franchisees should note that they are responsible for ensuring that any confidentiality agreements used with their employees or contractors are reviewed and approved by an independent local attorney hired by the franchisee. This step is crucial to ensure that the agreement complies with local laws and adequately protects the franchisee's interests and the confidential information of the C3 Wellness Spa business. The franchisor provides a sample agreement for reference, but franchisees must take the initiative to customize and legalize it for their specific circumstances.

Disclaimer: This information is extracted from the 2024 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.