Join cuts@once as a franchisee
CONFIDENTIALITY COVENANT & UNDERTAKING
To: cuts@once (NZ) Limited; the 'Company', and their professional advisors;
In consideration of the Company and it’s professional advisors disclosing to the undersigned (the Applicant) certain confidential information, programmes, systems, methods, techniques and processes that are generally not known to the public pertaining to the promotion, marketing, operation and management of a cuts@once business unit and the Franchise systems of the company including but not limited to the information contained in the Franchise Overview, Disclosure Document, Franchise Agreement and the Franchise Manuals for the purpose of enabling the Applicant to determine whether they wish to become a Franchisee under the Company's Franchise programme.
The Applicant covenants and agrees to the Company and it’s professional advisors to take any and all steps necessary to preserve and protect the Proprietary Information from publication, communication or any other unauthorised disclosure.
The Applicant further covenants and agrees that the Applicant shall not disclose any of the information, use it in any way, or assist any other person or entity to use it either during the term of negotiations or at any time thereafter.
The parties acknowledge that upon violation of any of these covenants, it will be difficult to determine the resulting damage to the Company or it’s professional advisors and, in addition to any other remedies it may have, the Company or it’s professional advisors shall be entitled to make application in a Court of competent jurisdiction for temporary or permanent injunctive relief without the necessity of proving actual damages.