Does the agreement grant any other right or license to use the confidential information from Engel & Volkers?
Engel_Volkers Franchise · 2025 FDDAnswer from 2025 FDD Document
Recipient acknowledges that no other right or license to use the Confidential Information is granted by this Agreement, and agrees that the amount of the Confidential Information to be disclosed to Recipient is completely within the discretion of Engel & Völkers.
Upon completion of its review of the Confidential Information (or sooner upon request), Recipient agrees to return to Franchisor all written materials (including all copies thereof, if any) received from Engel & Völkers or any Engel & Völkers' master franchisees or franchises.
Source: Item 23 — RECEIPTS (FDD pages 88–302)
What This Means (2025 FDD)
According to Engel & Volkers' 2025 Franchise Disclosure Document, the confidentiality agreement specifies that no rights or licenses to use confidential information are granted beyond evaluating the franchise opportunity. The recipient of confidential information acknowledges that its use is solely for the purpose of deciding whether to enter into a franchise relationship with Engel & Volkers.
This means a prospective franchisee cannot use Engel & Volkers' confidential information for any other business ventures or purposes. The amount of confidential information disclosed is at the discretion of Engel & Volkers. Upon completing the review, or if requested earlier, the recipient must return all written materials, including copies, received from Engel & Volkers.
This restriction is typical in franchising to protect the franchisor's proprietary information and system. The definition of confidential information is broad, encompassing business secrets, operational details, and elements of the Engel & Volkers system. This obligation to maintain confidentiality survives even if the recipient decides not to pursue a franchise with Engel & Volkers, ensuring long-term protection of their business assets.