Minimum Cash Required: $50,000.00
I understand that the acceptance of this Franchise Application by Tikiz Franchising, LLC does not constitute the grant of a franchise. I understand that Tikiz Franchising, LLC grants franchises only by executing written franchise agreements. By signing below, I authorize Tikiz Franchising, LLC and its assigns to start an investigative consumer report (including information as to my character, general reputation, personal characteristics and mode of living) based on the information voluntarily provided by me and warrant that all information provided is true and accurate. I understand that I have a right to request that Tikiz Franchising, LLC make a complete and accurate disclosure of the nature and scope of such investigation. Tikiz Franchising, LLC may obtain my credit report in connection with this application. This is my authorization to credit reporting agencies, bank(s), creditors and suppliers to release to Tikiz Franchising, LLC, and to Tikiz Franchising, LLC to release to such parties, all information requested regarding my depository loan or other credit information including without limitation, financial information, by telephone or in writing as part of the normal credit evaluation process. I release my bank(s), creditors, suppliers, and Tikiz Franchising, LLC from all liability with respect to the release of such requested information. Authorization is granted to use photo or fax copies of my signature to obtain information. If I am requesting that Tikiz Franchising, LLC make a credit determination based on my creditworthiness combined with co-applicants, I authorize Tikiz Franchising, LLC to discuss any derogatory credit items with such co-applicants. I understand that Tikiz Franchising, LLC may at any time, require that I sign an updated application or provide updated information. I acknowledge that I have read, and hereby agree to be bound by the Confidentiality and Non-Disclosure provisions which appear on the reverse side of this Application.
Tikiz Confidentiality and Non-Disclosure Statement
Please read this section carefully and sign below.
TIKIZ Confidentiality and Non-Disclosure Statement
The individual who has signed the application on the reverse hereof (“Applicant”) has applied to become a franchisee of Tikiz Shaved Ice & Ice Cream and, in connection with the application process, may become privy to certain information regarding the business of Tikiz Shaved Ice & Ice Cream and its affiliates and its franchisees which Tikiz Shaved Ice & Ice Cream classifies and protects as confidential and proprietary (the “Information”). Tikiz Shaved Ice & Ice Cream is willing to divulge such information (as and to the extent it deems appropriate in connection with the Applicant’s application) only if the Applicant agrees to protect the confidentiality of such Information. In consideration of the disclosure of Information, the Applicant agrees to the following terms and conditions: 1. Confidentiality. Applicant on behalf of itself and its affiliates, employees, officers and directors, agrees to maintain as confidential all Information disclosed to it. Applicant shall not, directly or indirectly, disclose any such information to any third party without Tikiz Shaved Ice & Ice Cream prior written consent, nor shall Applicant use any Information for its own benefit (except for the purpose of the discussions contemplated by this Agreement) or for the benefit of any third party. The dissemination of Information by Applicant within its own organization shall be limited to those employees and consultants whose duties justify the need to know such Information. 2. Return of Information. Applicant shall return to Tikiz Shaved Ice & Ice Cream within ten (10) days of written request therefore, all information, together with any and all copies thereof. 3. No Rights in Information. Neither this Agreement nor the disclosure of Information shall be deemed, by implication or otherwise, to vest in Applicant any rights in the Information or any other trade secrets or property of Tikiz Shaved Ice & Ice Cream. 4. Breach. Any breach of any provision hereof will be theft of Tikiz Shaved Ice & Ice Cream trade secrets, and will cause irreparable harm and damage to Tikiz Shaved Ice & Ice Cream. Tikiz Shaved Ice & Ice Cream shall be entitled to enjoin any actual or threatened violation of any of the provisions in this Agreement. In addition to injunctive relief, Tikiz Shaved Ice & Ice Cream may recover damages from Applicant for any loss caused by any violation of the provisions of this Agreement (including violations by third parties to whom Applicant discloses Information). In any action brought to enforce any of the provisions of this Agreement, Tikiz Shaved Ice & Ice Cream s shall be entitled to reasonable attorney’s fee and costs. 5. Severability. Any provision hereof which may prove unenforceable under any law or by any court shall not affect the validity of any other provision hereof. Tikiz Franchising, LLC 1021 South Rogers Circle, Suite 1 Boca Raton, FL 33487 Phone: +1 (407) 383-3872 Fax: 954-354-1472