What parties are involved in The Standardx Confidentiality Agreement?
The_Standardx Franchise · 2025 FDDAnswer from 2025 FDD Document
| This CONFIDENTIALITY AGREEMENT (this "Agreement") is made as of this day of | |
|---|---|
| ,, by and between, a[n], whose | |
| address is ("Company") and HYATT FRANCHISING, L.L.C., a | |
| Delaware limited liability company, whose address is 150 North Riverside Plaza, Chicago, Illinois 60606 | |
| ("Hyatt"). Hyatt and/or Company may each also be referred to herein as a "party" or collectively as the "parties" | |
| and a party which is disclosing Confidential Information may be referred to herein as the "disclosing party" and |
Source: Item 18 — OTHER INCOME (LOSS), NET (FDD pages 187–399)
What This Means (2025 FDD)
According to The Standardx's 2025 Franchise Disclosure Document, the Confidentiality Agreement is made between the 'Company' and Hyatt Franchising, L.L.C. The 'Company' is referred to as the party whose address is provided in the agreement. Hyatt Franchising, L.L.C. is a Delaware limited liability company with its address at 150 North Riverside Plaza, Chicago, Illinois 60606.
Both Hyatt and the 'Company' may be referred to individually as a 'party' or collectively as the 'parties'. In the context of disclosing confidential information, the party revealing the information is termed the 'disclosing party'.
This agreement establishes the obligations and protections related to confidential information exchanged between The Standardx and Hyatt Franchising, L.L.C., ensuring that proprietary information is safeguarded and used only as permitted within the terms of the agreement.