What attachment to the City Wide franchise agreement contains a sample confidentiality agreement that franchisees must have their employees sign?
City_Wide Franchise · 2025 FDDAnswer from 2025 FDD Document
Furthermore, Franchisee agrees that Franchisee will require all Franchisee's employees who have access to the Confidential Information and Software of CITY WIDE to execute a confidentiality agreement in a form acceptable to CITY WIDE which is substantially like to Attachment E to this Agreement.
- (e) The Manager must sign the Guaranty and Assumption of Obligations, the Confidentiality Agreement, and the Non-Compete Agreement, attached hereto as Attachments A, E and F respectively.
Source: Item 22 — CONTRACTS (FDD page 65)
What This Means (2025 FDD)
According to the 2025 City Wide Franchise Disclosure Document, Attachment E to the franchise agreement contains a sample confidentiality agreement. City Wide franchisees are required to have all employees who have access to the company's confidential information and software sign a confidentiality agreement. This agreement must be in a form acceptable to City Wide and substantially similar to the sample provided in Attachment E.
This requirement ensures that City Wide's proprietary information, such as operating procedures, client lists, and pricing strategies, remains protected. The confidentiality agreement helps to prevent the unauthorized disclosure or use of this information, which could harm City Wide's competitive advantage and the overall franchise system. By mandating a standardized confidentiality agreement, City Wide aims to maintain consistency and enforceability across all franchise locations.
It is important for prospective City Wide franchisees to carefully review Attachment E and understand the scope of the confidentiality agreement. They should also consult with legal counsel to ensure that the agreement complies with all applicable laws and regulations in their jurisdiction. Additionally, franchisees should implement appropriate procedures to ensure that their employees understand and adhere to the terms of the confidentiality agreement. City Wide also requires that if a franchisee nominates a manager, that the manager sign the Confidentiality Agreement, attached as Attachment E.