Home »
A confidentiality agreement (or non-disclosure agreement (“NDA”) is an agreement entered into between two parties which allows either “one way” or “two way” disclose of information that the recipient is then legally obliged to keep confidential.
It is common for franchisors to ask prospective franchisees to sign a one way confidentiality agreement prior to the franchisor disclosing to the prospective franchisee confidential information in relation to the franchise. Otherwise, if such a disclosure is made and the franchisee does not proceed with the franchise, the prospective franchisee then has the benefit of the franchisor’s confidential information which could be used to set up a competing business.
The franchise agreement will usually contain detailed provisions in relation to confidentiality and non-compete so the earlier confidentiality agreement will essentially fall away, meaning that it is no longer required.
A deposit agreement (or deposit letter) is an agreement entered into between the franchisor and prospective franchisee setting out what deposit is to be paid by the prospective franchise and on what terms, mainly whether it is refundable and on what basis.
It is advisable for both the franchisor and prospective franchisee to enter into a formal deposit agreement to avoid any misunderstanding about the terms on which the deposit is paid and, in particular, in what circumstances it is refundable.
If you need any advice on confidentiality and deposit agreements, please contact a member of our team in confidence here or on 02920 829 100 for a free initial call to see how they can help.
To speak to one of our experts today, please contact us on 02920 829 100 or by using our Contact Us form for a free initial chat to see how we can help.
I have worked with Darwin Gray for a number of years and the level of service, professionalism and timely response is second to none. I would highly recommend Darwin Gray to any business.”
Darwin Gray have provided us with a first-class service for many years now. They really take the time to understand our business and develop relationships which results in advice and support that is contextualised and effective.”
We have worked with Darwin Gray for several years and have always found their services and advice to be first class.”
An extremely professional and sincere company who make time for your queries and understand the need to break down certain facts and information to ensure everything is understood perfectly. I would highly recommend the company to anyone looking for any type of legal advice”
PSS has worked with Darwin Gray for many years. We have always received an excellent service. Prompt and professional advice and support.”
We have used several departments within DG recently and we have been very pleased with an effective, efficient and down to earth service. Very happy thus far and I expect that we will continue to use DG.”
Darwin Gray offer us truly superb services. Very professional, quick and services available bilingually which is very important to us, highly recommend.”
My “go to” in urgent and time sensitive cases for direction, support and advice. The team are quick to respond to calls or emails for advice and support on all matters. Always explain complex matters in a way a lay person can easily understand.”
Darwin Gray have acted for myself and my company over a number of years and at all times we have been treated with a professional manner yet maintain a common-sense approach at all levels. We couldn’t recommend them more highly.”
We have been clients of Darwin Gray for many years; they’ve always dealt with all of our legal matters with such professionalism. They work around us, even during awkward hours, and we feel confident we can always rely on them.”
Darwin Gray has been acting for Siltbuster for more than ten years. We would have no hesitation in recommending Darwin Gray to other organisations small or large.”
From the very first conversation, I had no doubt that Darwin Gray should be the firm to receive our instructions on this matter. I would have no hesitation in recommending Darwin Gray.”
We regularly instruct Darwin Gray. Their service in dealing with our transactional matters and disputes is always professional, prompt and efficient.”
Darwin Gray guided me through a long and extended process that would have been much more difficult had it not been for their patience and constant support.”
Excellent and efficient service. Great result achieved, highly professional and transparent on pricing. Would recommend.”
Superb legal service provided. Exceeded expectations. They went above and beyond in order to provide the best service possible.”
Very professional and understanding. They were a calming influence in a very troubling situation and they brought it to a very successful conclusion”
We have used Darwin Gray and have been seriously impressed. The personal approach is what Darwin Gray are excelling on and is the reason why we will continue to work with them in the future.”
