Which exhibit in the Dryject franchise agreement contains the Spousal Non-Disclosure and Non-Competition Agreement?
Dryject Franchise · 2025 FDDAnswer from 2025 FDD Document
| Exhibit C | Standard Franchise Agreement |
|---|---|
| Exhibit E | Non-Disclosure, Non-Solicitation and Non-Competition Agreement |
| Exhibit F | Spousal Non-Disclosure and Non-Competition Agreement |
| Exhibit L | Franchise Compliance Questionnaire |
Source: Item 22 — CONTRACTS (FDD page 50)
What This Means (2025 FDD)
According to Dryject's 2025 Franchise Disclosure Document, the Spousal Non-Disclosure and Non-Competition Agreement is found in Exhibit F of the franchise agreement. This agreement is designed to protect Dryject's confidential information and trade secrets by ensuring that the franchisee's spouse or domestic partner also agrees to maintain confidentiality and not engage in competitive activities.
The Spousal Non-Disclosure and Non-Competition Agreement states that the spouse may have access to Dryject's trade secrets as the franchisee develops their business. In consideration of this access, the spouse agrees to keep the trade secrets confidential and use them only in connection with the franchisee's business. The spouse is also prohibited from copying documents containing Dryject's trade secrets or disclosing them to anyone.
Furthermore, the spouse agrees not to engage in any activities that could harm the goodwill associated with the Dryject system. During the time the franchisee is operating under the Dryject franchise agreement, and for two years after, the spouse is prohibited from engaging in or having a financial interest in any business that is the same as or similar to Dryject within the United States. This restriction is subject to the laws of the state where the franchised business is located, meaning that certain aspects of the agreement may not be enforceable depending on local regulations.
Prospective franchisees should carefully review Exhibit F with their legal counsel to understand the full scope of the obligations and restrictions placed on their spouse or domestic partner. It is important to be aware of the potential impact on the spouse's activities and ensure that they are comfortable with the terms of the agreement before proceeding with the franchise.