Under what exhibit can I find the Dermani Medspa Release Agreement?
Dermani_Medspa Franchise · 2025 FDDAnswer from 2025 FDD Document
In addition, we may require you, your Operating Principal, and any employee who may have access to any confidential information to sign non-disclosure and non-competition covenants. Every one of these covenants must provide that the person signing will maintain the confidentiality of information that they receive in their employment or affiliation with you, the Franchised Business, or the dermani MEDSPA®. These agreements must be in a form that we find satisfactory, and must include, among other things, specific identification of our company as a third party beneficiary with the independent right to enforce the covenants. Our current form for this agreement is attached to the Franchise Agreement as Exhibit F.
Source: Item 22 — CONTRACTS (FDD page 66)
What This Means (2025 FDD)
According to the 2025 Dermani Medspa FDD, the Release Agreement is not explicitly mentioned. However, Exhibit F contains the current form for the non-disclosure and non-competition agreement that Dermani Medspa requires franchisees, their Operating Principals, and any employees with access to confidential information to sign.
These agreements ensure the confidentiality of information received during their employment or affiliation with the Dermani Medspa franchise. Dermani Medspa is identified as a third-party beneficiary with the independent right to enforce these covenants.
Prospective franchisees should carefully review Exhibit F to understand the scope and terms of the non-disclosure and non-competition agreements. Franchisees should also inquire with the franchisor about the existence and terms of any other release agreements that may be required.