Does the Guaranty and Assumption of Obligations for Canine Dimensions cover confidentiality obligations?
Canine_Dimensions Franchise · 2025 FDDAnswer from 2025 FDD Document
ITEM 22 CONTRACTS
Attached to this Disclosure Document are the following contracts and their attachments:
Franchise Agreement – Exhibit C
Schedule A - Approved Location and Protected Territory
Schedule B - Mutual General Release
Schedule C - Non-Competition and Confidentiality Agreement
Schedule D - Guaranty and Assumption of Obligations
Source: Item 22 — CONTRACTS (FDD page 36)
What This Means (2025 FDD)
Based on the 2025 Canine Dimensions Franchise Disclosure Document, Schedule C, titled "Non-Competition and Confidentiality Agreement" is attached to the document. This suggests that there is a separate agreement covering confidentiality. Additionally, Item 22 lists the contracts attached to the disclosure document, including Schedule D - Guaranty and Assumption of Obligations. Because there is a separate Non-Competition and Confidentiality Agreement, it is unclear if the Guaranty and Assumption of Obligations covers confidentiality obligations.
To fully understand the scope of the Guaranty and Assumption of Obligations, a prospective Canine Dimensions franchisee should carefully review Schedule D and consult with a legal professional. This will help determine the extent to which the guarantor is responsible for the franchisee's confidentiality obligations.
It is important to determine if the Guaranty and Assumption of Obligations extends to the Non-Competition and Confidentiality Agreement. If it does not, the franchisee should understand the implications of this and who is responsible for upholding the confidentiality obligations.