What documents must a City Wide manager sign?
City_Wide Franchise · 2025 FDDAnswer from 2025 FDD Document
- (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 City Wide's 2025 Franchise Disclosure Document, a manager must sign three specific agreements. These include the Guaranty and Assumption of Obligations, the Confidentiality Agreement, and the Non-Compete Agreement. These documents are included as attachments to the franchise agreement.
This requirement ensures that the manager is legally bound to uphold certain responsibilities and obligations. The Guaranty and Assumption of Obligations likely means the manager guarantees certain financial or performance obligations of the franchise. The Confidentiality Agreement protects City Wide's proprietary information and trade secrets. The Non-Compete Agreement prevents the manager from engaging in similar businesses that could compete with City Wide, both during and after their tenure.
Prospective City Wide franchisees should carefully review these agreements and understand the implications for their designated manager. It is important to ensure that any potential manager is willing to sign these documents before they are appointed. Franchisees should also be aware that City Wide retains the right to request proof of the manager's residency and ownership interest, if applicable.