What attachment in the Franchise Agreement contains the Kidokinetics Confidentiality and Non-Compete Agreement?
Kidokinetics Franchise · 2024 FDDAnswer from 2024 FDD Document
Attachment A: Data Sheet Attachment A: Trademarks Attachment B: Territory Attachment C: Release
Attachment D: Statement of Ownership Interests in Franchisee
Attachment E: Franchisee's Personal Guaranty
Attachment F: Confidentiality and Non-Compete Agreement
Attachment G: EFT Authorization Form
Source: Item 14 — PATENTS, COPYRIGHTS AND PROPRIETARY INFORMATION (FDD pages 38–39)
What This Means (2024 FDD)
According to Kidokinetics's 2024 Franchise Disclosure Document, the Confidentiality and Non-Compete Agreement is included as Attachment F to the Franchise Agreement. This agreement is a standard legal document used in franchising to protect the franchisor's confidential information and prevent unfair competition from franchisees or their personnel, both during and after the franchise term.
Attachment F is significant because it outlines the specific terms and conditions under which franchisees and their management-level personnel, including managers, must maintain the confidentiality of Kidokinetics's proprietary information. This includes trade secrets, methods, customer lists, pricing, software, marketing plans, and other sensitive business details. The agreement ensures that this information is not disclosed to competitors or used for any purpose other than operating the Kidokinetics franchise.
Furthermore, the Confidentiality and Non-Compete Agreement typically restricts franchisees and their personnel from engaging in similar businesses within a certain geographic area and for a specified period after leaving the Kidokinetics system. This protects Kidokinetics from losing market share or having its business model replicated by former franchisees. Prospective franchisees should carefully review Attachment F to understand the full scope of these restrictions and ensure they are comfortable with the obligations it imposes.