Is the Cinch I.T. Spousal Non-Disclosure and Non-Competition Agreement included in the exhibits?
Cinch_I_T Franchise · 2024 FDDAnswer from 2024 FDD Document
The following agreements are attached as exhibits to this Disclosure Document:
Form of Franchise Agreement with Addenda is attached as Exhibit D.
Form of Multi-Unit Development Agreement is attached as Exhibit E.
Form of Non-Disclosure, Non-Solicitation and Non-Competition Agreement is attached as Exhibit F.
Form of Confidentiality Agreement is attached as Exhibit G.
Form of Spousal Non-Disclosure and Non-Competition Agreement is attached as Exhibit H.
Form of Franchise Compliance Questionnaire is attached as Exhibit L.
Form of General Release is attached as Exhibit M.
Source: Item 22 — CONTRACTS (FDD page 60)
What This Means (2024 FDD)
Yes, according to the 2024 Cinch I.T. Franchise Disclosure Document, the Form of Spousal Non-Disclosure and Non-Competition Agreement is included as Exhibit H. This means prospective franchisees can review the agreement's terms before signing the franchise agreement.
Cinch I.T. also requires managers to sign a Non-Disclosure, Non-Solicitation, and Non-Competition Agreement, which is included as Exhibit F. Employees must sign a Confidentiality Agreement, which is included as Exhibit G.
As a potential franchisee, it is important to carefully review Exhibit H, the Spousal Non-Disclosure and Non-Competition Agreement, along with all other exhibits, to understand the obligations and restrictions placed on your spouse or domestic partner. Understanding these obligations is crucial, as they can impact your family's activities and financial interests during and after the franchise term.