Are the Guarantors of a Gokhale Method franchise bound by the confidentiality and non-competition covenants in the Franchise Agreement?

According to Gokhale Method's 2024 Franchise Disclosure Document, the Guarantors are bound by the confidentiality and non-competition covenants in the Franchise Agreement. As an inducement for Gokhale Method Institute, Inc. to execute the Franchise Agreement, the Guarantors agree to guarantee the franchisee's obligations under the agreement.

Specifically, the Guarantors acknowledge and agree to be individually bound by all of the confidentiality provisions and non-competition covenants contained in the Agreement. This means that the Guarantors are legally responsible for maintaining the confidentiality of Gokhale Method's proprietary information and for adhering to the non-competition terms outlined in the Franchise Agreement.

For a prospective Gokhale Method franchisee, this implies that anyone acting as a Guarantor, such as a spouse or business partner, must also protect the brand's confidential information and avoid competitive activities. This requirement ensures that the Gokhale Method's business model and market position are safeguarded by all parties with a significant stake in the franchise.