Must all managerial personnel who will have access to Kidokinetics' proprietary and Confidential Information and training sign a Non-Disclosure and Non-Compete Agreement?

According to Kidokinetics' 2024 Franchise Disclosure Document, managerial personnel who will have access to Kidokinetics' proprietary and confidential information and training must sign a Non-Disclosure and Non-Compete Agreement. This agreement is included as Attachment F to the Franchise Agreement.

Additionally, if the franchisee is a business entity, all officers, directors, direct and indirect equity holders, and those of any business entity that directly or indirectly controls the franchisee must also sign the Non-Disclosure and Non-Compete Agreement. This requirement ensures that a broad range of individuals associated with the Kidokinetics franchise are legally bound to protect the brand's confidential information and refrain from competitive activities.

This is a common practice in franchising to protect the franchisor's trade secrets, operational methods, and other proprietary information. By requiring these agreements, Kidokinetics aims to safeguard its competitive advantage and maintain the integrity of its business system. Prospective franchisees should carefully review Attachment F to understand the specific terms and conditions of the Non-Disclosure and Non-Compete Agreement.