Is the Pearce Bespoke franchisee required to sign the Authorization Form?
Pearce_Bespoke Franchise · 2025 FDDAnswer from 2025 FDD Document
All of Franchisee's employees who have managerial duties with respect to the Pearce Bespoke Franchise and who have access to Confidential Information of Franchisor, as well as all corporate officers, directors, and shareholders if Franchisee is a corporation (all partners if Franchisee is a partnership), must sign Confidentiality/Non-Competition Agreements in a form satisfactory to Franchisor, agreeing to maintain the confidentiality, during the course of their agreement and thereafter, of all information Franchisor copyrights or designates as confidential and proprietary. Copies of the executed agreements will be provided to Franchisor upon request.
Franchisee agrees to vigorously and vigilantly prosecute to the fullest extent permitted by law breaches of any Confidentiality/Non-Competition Agreement executed pursuant to this provision, and acknowledge Franchisor's right, to be exercised as Franchisor alone determines, to enforce the terms of any such executed Confidentiality/Non-competition Agreement. If the substantive provisions of the Confidentiality/Non-Competition Agreement have been breached by an individual employed, engaged, or otherwise serving the Pearce Bespoke Franchise who has not executed a Confidentiality/Non-Competition Agreement Franchisee must nevertheless vigorously and vigilantly prosecute such conduct to the fullest extent permitted by law. Franchisee shall indemnify and hold Franchisor harmless from any and all liability, loss, attorneys' fees, or damage Franchisor may suffer as a result of Franchisee's failure to obtain executed Confidentiality/Non-Competition Agreements from employees, agents and third persons as required by this Section.
Source: Item 22 — CONTRACTS (FDD page 39)
What This Means (2025 FDD)
Based on the 2025 Pearce Bespoke Franchise Disclosure Document, there is no mention of a required 'Authorization Form' that the franchisee must sign. However, the FDD does state that all of the franchisee's employees who have managerial duties and access to confidential information, as well as all corporate officers, directors, and shareholders (if the franchisee is a corporation) or all partners (if the franchisee is a partnership), must sign Confidentiality/Non-Competition Agreements.
These agreements must be in a form satisfactory to Pearce Bespoke, ensuring the confidentiality of information that Pearce Bespoke copyrights or designates as confidential and proprietary. The franchisee is required to provide copies of these executed agreements to Pearce Bespoke upon request.
Furthermore, the franchisee is obligated to vigorously prosecute any breaches of these Confidentiality/Non-Competition Agreements. Pearce Bespoke retains the right to enforce these agreements. The franchisee is also responsible for indemnifying Pearce Bespoke from any losses or damages resulting from the failure to obtain these agreements from the specified individuals. Therefore, while an 'Authorization Form' is not mentioned, franchisees must ensure that relevant parties sign the Confidentiality/Non-Competition Agreements.