Who is required to sign the Nondisclosure and Non-Competition Agreement for a Focalpoint Coaching franchise?
Focalpoint_Coaching Franchise · 2025 FDDAnswer from 2025 FDD Document
| THIS NONDISCLOSURE AND NON-COMPETITION AGREEMENT (this |
|---|
| "Agreement") is made as of the |
| day of, 20, is executed by |
| ("Individual," "me," or "I") for the benefit of |
| a |
| Nevada |
| corporation |
| ("Company"), |
| and |
| for |
| FOCALPOINT |
| COACHING, |
| INC., |
| , a/an ("Franchisee"). |
| Franchisee is a franchisee of Company pursuant to a franchise agreement entered into by |
| those parties concerning a business operating, or to be operated, under the "FocalPoint" name at |
| (the |
| "Franchise |
| Agreement"). |
| The |
| franchised |
| business |
| Company authorizes Franchisee to operate under the Franchise Agreement is known as the |
| "Business," which Business is one among all businesses that Company owns, operates, or |
| franchises under the "FocalPoint" name. I agree that, unless otherwise specified, all capitalized |
| terms in this Agreement have those meanings ascribed to them in the Franchise Agreement. |
Source: Item 22 — Contracts (FDD pages 56–57)
What This Means (2025 FDD)
According to the 2025 Focalpoint Coaching FDD, the Nondisclosure and Non-Competition Agreement is made as of a specific date in 20XX and is executed by the "Individual," also referred to as "me" or "I." This agreement benefits both a Nevada corporation referred to as "Company" and FocalPoint Coaching, Inc., identified as the "Franchisee." The Franchisee operates under a franchise agreement with the Company, concerning a business operating under the "FocalPoint" name.
The agreement clarifies that the franchised business Company authorizes the Franchisee to operate is known as the "Business." This Business is part of all businesses that Company owns, operates, or franchises under the "FocalPoint" name. The individual signing the agreement agrees that all capitalized terms within the Nondisclosure and Non-Competition Agreement have the same meanings as defined in the Franchise Agreement.
In simpler terms, the "Individual" signing the agreement is likely an owner, employee, or someone affiliated with the franchisee entity. This agreement ensures that the individual understands and agrees to the terms of non-disclosure and non-competition, protecting Focalpoint Coaching's interests and confidential information. The agreement ties back to the Franchise Agreement, ensuring consistency in terminology and obligations.