In the Dryer Vent Squad Confidentiality Agreement, who is considered 'you'?
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;
Source: Item 23 — RECEIPTS (FDD pages 51–207)
What This Means (2024 FDD)
According to Dryer Vent Squad's 2024 Franchise Disclosure Document, the Confidentiality Agreement defines "you" as the undersigned party entering into the agreement. The sample agreement specifies that "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 the franchisee.
This means that the "you" in the agreement is not the franchisee themselves, but rather the individuals working for the franchisee who may have access to confidential information. The agreement is designed to protect the confidential information of the Dryer Vent Squad business by ensuring that these individuals are bound by its terms.
It is important to note that the document explicitly states that the provided Confidentiality Agreement is a sample form for reference purposes only. Dryer Vent Squad recommends that franchisees have the agreement reviewed and approved by an independent local attorney before using it with an employee or contractor. This highlights the importance of franchisees seeking legal counsel to ensure the agreement is appropriate for their specific circumstances and complies with local laws.