What agreement must the Fly Fitness manager and personnel with access to confidential information sign?
Fly_Fitness Franchise · 2024 FDDAnswer from 2024 FDD Document
Your manager and all other personnel who will have access to our proprietary and Confidential Information and training must sign our Non-Disclosure/Non-Competition Agreement, which is attached to our Franchise Agreement as Attachment 8.
Source: Item 15 — OBLIGATIONS OF THE FRANCHISEE TO PARTICIPATE IN THE ACTUAL OPERATION OF THE FRANCHISE BUSINESS (FDD page 33)
What This Means (2024 FDD)
According to Fly Fitness's 2024 Franchise Disclosure Document, the manager and all other personnel who have access to Fly Fitness's proprietary and confidential information and training must sign the Non-Disclosure/Non-Competition Agreement. This agreement is included as Attachment 8 to the Franchise Agreement.
This requirement ensures that Fly Fitness's trade secrets, operational methods, and other confidential information are protected from unauthorized use or disclosure. By signing this agreement, the manager and personnel are legally bound to maintain the confidentiality of the information they access and to refrain from engaging in activities that could harm Fly Fitness's competitive position. This is a standard practice in franchising to safeguard the franchisor's intellectual property and business methods.
For a prospective Fly Fitness franchisee, this means they will need to ensure that their manager and relevant personnel sign the Non-Disclosure/Non-Competition Agreement before they are given access to confidential information or training. Failure to do so could result in a breach of the Franchise Agreement and potential legal consequences. The franchisee should carefully review Attachment 8 to understand the specific terms and conditions of the agreement and ensure that their employees are aware of their obligations.