In the Engel & Volkers confidentiality agreement, what information is required to identify the 'Recipient'?
Engel_Volkers Franchise · 2025 FDDAnswer from 2025 FDD Document
| THIS CONFIDENTIALITY AGREEMENT, dated,, ("Agreement") | ||
|---|---|---|
| is made by and between ENGEL & VÖLKERS AMERICAS, INC., a Delaware corporation ("Franchisor" or "Engel & Völkers") with an office located at 430 Park Avenue, 11th Floor, New York, New York, 10022, | ||
| and | ("Recipient"), located at | , |
| , | ||
| Recipient: | Franchisor: |
|---|---|
| ENGEL & VÖLKERS AMERICAS, INC. | |
| Signature | By: |
| Print Name | Title: |
| By: Title: |
Source: Item 23 — RECEIPTS (FDD pages 88–302)
What This Means (2025 FDD)
According to Engel & Volkers' 2025 Franchise Disclosure Document, the confidentiality agreement requires the recipient's name and location. The agreement is made between Engel & Völkers Americas, Inc., identified as the Franchisor, and the Recipient. The document specifies that the recipient's location must be included in the agreement.
In addition to the recipient's name and location, the confidentiality agreement also requires the recipient's signature and printed name. This information is essential for legally binding the recipient to the terms and conditions outlined in the agreement, ensuring they acknowledge and agree to protect the confidential information shared by Engel & Völkers.
The confidentiality agreement is a crucial document for Engel & Volkers as it protects their proprietary information and trade secrets. By requiring specific identification details from the recipient, Engel & Volkers aims to ensure accountability and prevent unauthorized disclosure or misuse of confidential information, which could harm their business and competitive advantage.