According to the Dryer Vent Squad Confidentiality Agreement, who is referred to as 'us', 'our', or 'we'?
Dryer_Vent_Squad Franchise · 2024 FDDAnswer from 2024 FDD Document
This Agreement (the "Agreement") is entered into by the undersigned ("you") in favor of:
[Insert On the Line Below Name of Franchisee that Owns and Operates the Dryer Vent Squad
Business]
(hereinafter referred to as "us", "our" or "we")
Recitals and Representations
WHEREAS, we are the owners of a licensed Dryer Vent Squad Business (hereinafter referred to as the "Dryer Vent Squad Business") that we independently own and operate as a franchisee;
WHEREAS, you are or are about to be an employee, independent contractor, officer and/or director of a Dryer Vent Squad Business that is independently owned and operated by us;
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, DVS Holdings, Inc.is not a party to this agreement and does not own or manage the Dryer Vent Squad 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 Dryer Vent Squad Business.
Source: Item 23 — RECEIPTS (FDD pages 51–207)
What This Means (2024 FDD)
According to the 2024 Dryer Vent Squad Franchise Disclosure Document, the Confidentiality Agreement refers to "us," "our," or "we" as the franchisee that owns and operates the Dryer Vent Squad business. This agreement is between the franchisee (referred to as "us", "our", or "we") and their employee, independent contractor, officer, and/or director (referred to as "you").
This agreement is a sample form and is intended to protect the confidential information of the Dryer Vent Squad business. It states that the franchisee independently owns and operates the Dryer Vent Squad business. The agreement is not an employment agreement but a confidentiality agreement related to information, materials, and access provided in connection with the Dryer Vent Squad business.
Prospective Dryer Vent Squad franchisees should note that this is a sample agreement and that they should have the agreement reviewed and approved by an independent local attorney before using it with an employee or contractor. This ensures that the agreement complies with local laws and adequately protects the franchisee's interests.