Agreement Template / December 6, 2018 / Hattie Salas
While you probably lock your important files away in secure filing cabinet when you are not in your office and have installed security encryption software on your electronic files to keep prying eyes out have you stopped to think about your employees? In order to make sure that they understand the importance of keeping your company information safe you may need to use a non-disclosure agreement template to draw up a document for each employee to sign stating that they will not disclose any information. This type of agreement is put in place to ensure that any information pertaining to your company and your clients will be held in the strictest confidence. It is used particularly where the sharing of information must occur between two companies but not be released to the general public.
Assigning geographical boundaries: A franchise has to have a geographical boundary within which the franchisor should not establish another franchise. This goes in the interest of the franchisee to have that added from a Franchise agreement template in the final contract so that there are no competitors in your territory. Time period of the Agreement: This has to be defined with reference to your investment. With larger investment the time period of the agreement has to be proportionately more. Not settling on a time period could be disastrous. Royalties fee and total anticipated investment: The fee for getting the franchise royalty for using the trademark and brand name and the anticipated investment in the business have to be agreed upon in the agreement.
There is nothing worse than having to recreate the wheel every time you do something and it makes perfect sense to use a template to speed up your work and deliver better results on a daily basis. If you are employing staff you certainly need to implement an Employment Agreement. This agreement should be between them and your business and it needs to be clear and well defined. This is because the last thing you want to happen is for your employee to get upset and then take legal action against your company for whatever reason. The best thing you can do is make sure each of your team is engaged using an agreement that both parties have read and signed and agreed upon. What exactly should be in this type of contract? Well firstly you need to be aware of any laws in your country regarding employing people.