Who is the Confidentiality Agreement between for Kidokinetics?
Kidokinetics Franchise · 2024 FDDAnswer from 2024 FDD Document
This Confidentiality Agreement ("Agreement") is entered into by the undersigned ("you") in favor of Kidokinetics Franchise LLC, a Florida limited liability company, and its successors and assigns ("us"), upon the terms and conditions set forth in this Agreement.
Source: Item 22 — CONTRACTS (FDD page 59)
What This Means (2024 FDD)
According to Kidokinetics' 2024 Franchise Disclosure Document, the Confidentiality Agreement is between the individual who is gaining access to confidential information (referred to as "you") and Kidokinetics Franchise LLC, including its successors and assigns (referred to as "us").
This agreement is designed to protect Kidokinetics' intellectual property, which includes trademarks, copyrights, know-how, operations manual, and the overall Kidokinetics system. The agreement ensures that anyone associated with a Kidokinetics franchise, such as employees, independent contractors, agents, representatives, or suppliers, is legally bound to protect the brand's confidential information.
The agreement specifies that the individual acknowledges the value of the confidential information they will receive and agrees to maintain its confidentiality. This includes restrictions on making copies of confidential documents and using the information only in connection with the Kidokinetics business. The Confidentiality Agreement is a standard legal document used in franchising to safeguard a franchisor's proprietary information and maintain a competitive advantage within the market.