For Learningrx franchisees that are entities, which individuals are required to sign the Confidentiality and Covenant Not to Compete Agreement?

According to Learningrx's 2025 Franchise Disclosure Document, if a franchisee is an entity, certain individuals associated with that entity must sign the Confidentiality and Covenant Not to Compete Agreement. This requirement is in place to protect Learningrx's confidential information and trade secrets. These individuals include each Member, shareholder, officer, director, and partner of the entity. Additionally, the spouse of each Member, shareholder, officer, director, and partner must also sign the agreement.

Furthermore, every manager of the Learningrx franchise, each Guarantor of the franchisee, and the spouse of each Guarantor are also required to sign the agreement. This ensures that those in management and those providing financial guarantees are bound by the confidentiality and non-compete terms. Finally, each employee having access to Learningrx's confidential information must sign the agreement.

This comprehensive requirement ensures that all individuals with potential access to sensitive information or influence over the business are legally obligated to protect Learningrx's interests. The signed agreements must be delivered to Learningrx within one week of their execution, demonstrating the importance of timely compliance. This is a common practice in franchising to safeguard trade secrets and prevent unfair competition.