What is the deadline for a Focalpoint Coaching franchisee to provide copies of executed Nondisclosure and Non-Competition Agreements to the franchisor?
Focalpoint_Coaching Franchise · 2025 FDDAnswer from 2025 FDD Document
Franchisee agrees to have all of the following persons sign, and Franchisee will submit to Franchisor an executed copy of, Franchisor's then current form of Nondisclosure and Non-Competition Agreement (a current form of which is set forth in Exhibit C) from all of the following persons: (i) the Business Manager and any supervisory or other employees and Associates who have received or will receive training from Franchisor, prior to their employment; (ii) if Franchisee is an Entity, all Franchisee's officers, directors, shareholders, partners, members and owners, and those of any Entity directly or indirectly controlling Franchisee, concurrent with the execution of this Agreement, or at such time as they assume such status; and (iii) all of the persons enumerated in this Section 7 and Subsection 15.D below. Franchisee agrees to provide Franchisor copies of all executed Nondisclosure and Non-Competition Agreements no later than ten (10) days following their execution.
Source: Item 22 — Contracts (FDD pages 56–57)
What This Means (2025 FDD)
According to Focalpoint Coaching's 2025 Franchise Disclosure Document, a franchisee must submit copies of all executed Nondisclosure and Non-Competition Agreements to Focalpoint Coaching within a specific timeframe.
The franchisee is required to ensure that certain individuals sign Focalpoint Coaching's standard Nondisclosure and Non-Competition Agreement. These individuals include the Business Manager, any supervisory or other employees and associates who receive training from Focalpoint Coaching, all officers, directors, shareholders, partners, members, and owners of the franchisee entity (if the franchisee is a business entity), and those of any entity directly or indirectly controlling the franchisee.
The deadline for submitting these agreements to Focalpoint Coaching is no later than ten (10) days following their execution. This means that once the relevant individuals have signed the Nondisclosure and Non-Competition Agreements, the franchisee has a ten-day window to provide copies to Focalpoint Coaching. This requirement ensures that Focalpoint Coaching has timely documentation of these agreements, which are crucial for protecting its confidential information and competitive interests.