What exhibit in the Casiola Franchise Agreement contains the Confidentiality Agreement?
Casiola Franchise · 2024 FDDAnswer from 2024 FDD Document
Franchise Agreement Exhibit 2 Confidentiality Agreement
THIS EXHIBIT IS FOR REFERENCE PURPOSES ONLY AS A SAMPLE FORM CONFIDENTIALITY AGREEMENT THAT FRANCHISOR MAY APPROVE FOR USE BY FRANCHISEE – BEFORE USING WITH AN EMPLOYEE OR CONTRACTOR FRANCHISEE SHOULD HAVE THIS AGREEMENT REVIEWED AND APPROVED BY AN INDEPENDENT LOCAL ATTORNEY HIRED BY FRANCHISEE
Source: Item 23 — RECEIPTS (FDD pages 47–209)
What This Means (2024 FDD)
According to Casiola's 2024 Franchise Disclosure Document, the Confidentiality Agreement is attached to the Franchise Agreement as Exhibit 2. This agreement is a sample form that Casiola may approve for use by the franchisee.
Before using the Confidentiality Agreement with an employee or contractor, Casiola requires the franchisee to have the agreement 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 Casiola's confidential information.
The Confidentiality Agreement is between the franchisee and their employee/contractor, with Casiola Franchise LLC listed as a third-party beneficiary. This agreement ensures that anyone gaining access to Casiola's confidential information is legally bound to protect it. The agreement covers various aspects, including the definition of confidential information, obligations of the employee/contractor, and remedies for breach of the agreement.