What is an Expense Reduction Analysts franchisee required to do with the sample Non-Disclosure and Non-Competition form?
Expense_Reduction_Analysts Franchise · 2025 FDDAnswer from 2025 FDD Document
Each Practice Model Consultant, whether an employee or independent contractor, must sign a form substantially similar to the Non-Disclosure and Non-Competition Agreement attached to the Franchise Agreement as Exhibit 4, before performing services for clients. You are required to have the sample form reviewed by your local employment counsel and amended as appropriate to be compliant with your local law. You must ensure that your employees and contractors preserve good client relations and comply with the Franchise Agreement and the Manuals. There is no intent to prohibit any such individual from obtaining employment or engagement with another franchisee of Franchisor.
Source: Item 15 — OBLIGATION TO PARTICIPATE IN THE ACTUAL OPERATION OF THE FRANCHISED BUSINESS (FDD pages 40–41)
What This Means (2025 FDD)
According to the 2025 Expense Reduction Analysts Franchise Disclosure Document, if a franchisee hires Practice Model Consultants, whether as employees or independent contractors, each consultant must sign a Non-Disclosure and Non-Competition Agreement that is substantially similar to the sample form attached to the Franchise Agreement as Exhibit 4.
The Expense Reduction Analysts franchisee is required to have the sample form reviewed by their local employment counsel and amended as appropriate to comply with local law. This ensures that the agreement is legally sound and enforceable within the specific jurisdiction where the franchisee operates.
This requirement aims to protect Expense Reduction Analysts' confidential information and business interests by preventing consultants from disclosing sensitive information or competing with the franchise during and after their engagement. It also ensures that the franchisee's employees and contractors maintain good client relations and adhere to the terms of the Franchise Agreement and the associated manuals. There is no intent to prohibit any such individual from obtaining employment or engagement with another franchisee of Franchisor.