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Does the Hydrodog Franchise Disclosure Document include a confidentiality, non-solicitation, and non-competition agreement as an exhibit?

Hydrodog Franchise · 2025 FDD

Answer from 2025 FDD Document

  • (d) will adopt and implement all reasonable procedures that we periodically prescribe to prevent unauthorized use or disclosure of Confidential Information, including, without limitation, restricting its disclosure to Franchised Business personnel and others needing to know such Confidential Information to operate your HydroDog Business, and requiring all employees and independent contractors having access to Confidential Information to sign confidentiality and non-competition agreements in a form acceptable to us. We have the right to regulate the form of confidentiality and non-competition agreement that you use and to be a third-party beneficiary of that agreement with independent enforcement rights.

Source: Item 23 — RECEIPTS (FDD pages 43–166)

What This Means (2025 FDD)

Based on the 2025 Hydrodog Franchise Disclosure Document, while there isn't explicit confirmation that a separate confidentiality, non-solicitation, and non-competition agreement is included as an exhibit, the document emphasizes the importance of these provisions.

The FDD states that Hydrodog franchisees must ensure their employees and independent contractors sign confidentiality and non-competition agreements in a form acceptable to Hydrodog. Hydrodog retains the right to regulate the form of these agreements and act as a third-party beneficiary with independent enforcement rights. This indicates that such agreements are a standard part of Hydrodog's franchise operations.

Furthermore, the Franchise Agreement contains clauses related to confidentiality, non-solicitation, and non-competition. Franchisees are restricted from using confidential information in any other business, must maintain the confidentiality of information indefinitely after the agreement term, and are subject to competitive restrictions during their association with Hydrodog and for two years following termination. These restrictions include not having an interest in any competitive business within a specified territory and not soliciting Hydrodog's customers, vendors, or franchisees.

Therefore, while a standalone exhibit isn't explicitly mentioned, the Hydrodog FDD incorporates confidentiality, non-solicitation, and non-competition obligations within the franchise agreement and requires franchisees to implement similar agreements with their personnel. A prospective franchisee should confirm with Hydrodog whether a template agreement is provided or if franchisees are responsible for creating their own agreements that meet Hydrodog's standards.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.