factual

Under the Dryject agreement, what is the Signer's permitted use of Dryject's Trade Secrets?

Dryject Franchise · 2025 FDD

Answer from 2025 FDD Document

    1. Signer shall receive Franchisor's Trade Secrets in confidence, maintain them in confidence, and shall use them only in connection with the development and/or maintenance by Franchisee of the Franchised Business using DRYJECT SYSTEM for so long as Franchisee is licensed by Franchisor to use DRYJECT SYSTEM.
    1. Signer shall not at any time make copies of any documents or compilations containing some or all of Franchisor's Trade Secrets without the express written permission of Franchisor.
    1. Signer shall not disclose or permit the disclosure of Franchisor's Trade Secrets to anyone.
    1. That all information and materials, including without limitation, specifications, techniques and compilations of data which Franchisor shall designate as confidential shall be deemed Franchisor's Trade Secrets for the purposes of this Agreement.
    1. Signer shall not, directly or indirectly, do any act or omit to do any act, which would or would likely to be injurious or prejudicial to the goodwill associated with DRYJECT SYSTEM.
    1. Except to the extent prohibited by the laws of the state where the Franchised Business is located, in order to protect the goodwill and unique qualities of DRYJECT SYSTEM and the confidentiality and value of Franchisor's Trade Secrets, and in consideration for the disclosure to Signer of Franchisor's Trade Secrets, Signer further undertakes and covenants that, during the time Franchisee is a franchisee of Franchisor and for the two (2) years following the termination or expiration of Franchisee's Franchise Agreement, Signer will not:
    • (a) Directly or indirectly, for himself/herself or through, on behalf of or in conjunction with any person, partnership or business entity, engage in or acquire any financial or beneficial interest in (including interest in business entities, partnerships, trusts, unincorporated associations or joint ventures), advise, help or make loans to any entity involved in business which is the same as or similar to that conducted by "DryJect"® which business is, or is intended to be located, within the United States; or

Source: Item 8 — BUSINESS RELATIONSHIP (FDD pages 68–229)

What This Means (2025 FDD)

According to the 2025 Dryject Franchise Disclosure Document, a Signer who has access to Dryject's trade secrets is bound by specific restrictions and permitted uses. The Signer must receive the trade secrets in confidence, maintain their confidentiality, and use them only for the development and maintenance of the franchised business using the Dryject system. This use is permitted only as long as the franchisee is licensed by Dryject to use the Dryject system.

The agreement strictly prohibits the Signer from making copies of any documents or compilations containing Dryject's trade secrets without express written permission from Dryject. Furthermore, the Signer is forbidden from disclosing or permitting the disclosure of Dryject's trade secrets to anyone. All information and materials designated as confidential by Dryject, including specifications, techniques, and data compilations, are deemed Dryject's trade secrets for the purposes of the agreement.

The Signer is also prohibited from any action that could harm the goodwill associated with the Dryject system. To protect the Dryject system's unique qualities and the confidentiality of its trade secrets, the Signer agrees not to engage in any business that is the same as or similar to Dryject within the United States during the term of the franchise agreement and for two years following its termination or expiration. This includes not acquiring any financial interest in such a business or advising or helping any entity involved in a similar business.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.