factual

According to the Deer Solution confidentiality agreement, what is the purpose of the agreement?

Deer_Solution Franchise · 2025 FDD

Answer from 2025 FDD Document

WHEREAS, in the course of your employment, independent contractor relationship and/or association with us, you may gain access to Confidential Information (defined below in this Agreement) and you understand that it is necessary to protect the Confidential Information and for the Confidential Information to remain confidential;

WHEREAS, our Franchisor, Deer Solution Franchising LLC, is not a party to this agreement and does not own or manage the Deer Solution Business but is an intended third party beneficiary of this Agreement; and

WHEREAS, this Agreement is not an employment agreement and is only a confidentiality agreement in connection with information, materials and access that may be provided to you in connection with the Deer Solution Business.

Source: Item 23 — RECEIPTS (FDD pages 55–246)

What This Means (2025 FDD)

According to the 2025 Deer Solution Franchise Disclosure Document, the confidentiality agreement is in place to protect the confidential information that an employee, independent contractor, officer, and/or director of a Deer Solution Business may access. The agreement ensures that this information remains confidential. Deer Solution Franchising LLC, while not a party to the agreement, is an intended third-party beneficiary.

The agreement specifies that it is not an employment agreement but solely a confidentiality agreement related to the information, materials, and access provided in connection with the Deer Solution Business. The agreement defines "Confidential Information" as trade secrets, methods, standards, techniques, procedures, data, and information related to the Deer Solution business. This includes methods for development, marketing, and operation, consumer preferences, supplier information, customer data, Business Management System Data, the Operations Manual, and Know-How.

The agreement also outlines the obligations of the employee, independent contractor, officer and/or director, including not using the Confidential Information outside of the Deer Solution Business, maintaining its confidentiality, avoiding unauthorized copies, taking steps to prevent unauthorized use or disclosure, and ceasing use of the information upon request. The individual also acknowledges that the terms of the agreement are fair and reasonable and waives any right to challenge the terms as overly broad or unenforceable. This ensures Deer Solution's proprietary information remains protected.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.