Does the Deka Lash franchise agreement specify the duration for which the confidentiality obligations remain in effect?
Deka_Lash Franchise · 2024 FDDAnswer from 2024 FDD Document
THIS CONFIDENTIALITY AND NON-DISCLOSURE AGREEMENT ("Agreement") is made on the date entered below between DL Franchising, LLC d/b/a Deka Lash ("Company") and the below named recipient ("Recipient").
Source: Item 23 — RECEIPT (FDD pages 63–234)
What This Means (2024 FDD)
The 2024 Deka Lash Franchise Disclosure Document includes a Confidentiality and Non-Disclosure Agreement as Exhibit F-3. However, the excerpt provided does not specify the duration for which the confidentiality obligations remain in effect.
While the document confirms the existence of a confidentiality agreement, it does not detail the specific terms, such as the length of time the franchisee is obligated to maintain confidentiality. This is a crucial detail for prospective franchisees to understand, as it dictates their responsibilities even after the franchise agreement expires or is terminated.
A prospective Deka Lash franchisee should carefully review Exhibit F-3 and seek clarification from Deka Lash regarding the duration of the confidentiality obligations. Understanding this duration is essential for assessing the long-term implications of the agreement and ensuring compliance with its terms.