What restrictions are placed on the transferring owners regarding confidential information related to All County after the transfer?
All_County Franchise · 2025 FDDAnswer from 2025 FDD Document
20.4.9. Collateral Agreement. You and your transferring owners have executed an agreement in favor of us agreeing to be bound, commencing on the effective date of the transfer, by the restrictions contained in this Agreement pertaining to the Marks (Article 14), Confidential Information (Article 15) and a Covenant not to Compete (Article 23.4).
23.3. Confidential Information. You agree that, upon termination, for any reason, or expiration of this Agreement, you will immediately cease to use any of our confidential information in any business or otherwise and return to us all copies of the Operations Manual and any other confidential materials, including, without limitation, computer software and any mechanisms (electronic key) used to access the software, that we have allowed you to use.
Source: Item 23 — Receipts (FDD pages 43–157)
What This Means (2025 FDD)
According to All County's 2025 Franchise Disclosure Document, transferring owners are subject to specific restrictions regarding confidential information. As a condition of transfer approval, transferring owners must execute an agreement to be bound by the restrictions pertaining to Confidential Information (Article 15). This means that even after the transfer, the owners are still obligated to protect All County's confidential information.
This obligation includes ceasing the use of any confidential information in any business or otherwise and returning all copies of the Operations Manual and any other confidential materials, including computer software. The restrictions on using confidential information extend beyond the termination or expiration of the agreement.
These measures ensure that All County's proprietary information remains protected, even after a transfer of ownership. Prospective franchisees should understand that these post-transfer restrictions are a standard part of the agreement and are designed to safeguard the franchisor's business interests.