Who must execute the Confidentiality Agreement during a Deer Solution franchise transfer?

According to Deer Solution's 2025 Franchise Disclosure Document, during a franchise transfer, the transferee's employees, directors, officers, independent contractors, and agents who will have access to Confidential Information must execute the Confidentiality Agreement. This agreement is attached to the Franchise Agreement as Exhibit 2.

This requirement ensures that the confidential information of Deer Solution is protected even after the franchise is transferred to a new owner. The definition of "Confidential Information" is broad, including trade secrets, methods, standards, techniques, procedures, data and information, customer lists, and the contents of the Operations Manual. By having these individuals sign the Confidentiality Agreement, Deer Solution aims to prevent the unauthorized use or disclosure of sensitive business information.

For a prospective Deer Solution franchisee, this means that if they plan to sell their franchise, they need to ensure that the new owner's personnel who will have access to confidential information are willing to sign the agreement. Failure to comply with this requirement could potentially delay or prevent the transfer of the franchise. It is a standard practice in franchising to protect proprietary information during ownership changes.