Who must exercise the highest degree of diligence to maintain the absolute confidentiality of all trade secrets and proprietary rights for All Team?
All_Team Franchise · 2025 FDDAnswer from 2025 FDD Document
l information, employee lists, financial information furnished or disclosed to FRANCHISEE by ATFC and any other information with respect of ATFC, unless such information is generally known and in the public domain, and except to the extent necessary to operate the Agency ("Confidential Information"). All employees of FRANCHISEE will exercise the highest degree of diligence and make every effort to maintain the absolute confidentiality of all trade secrets and proprietary rights during and after the term of this Agreement, and shall require all supervisory personnel to execute a Confidentiality and Non-Compete Agreement in a form acceptable to ATFC.
XI. NON-COMPETITION
A. Competing Business During the Term of This Agreement. FRANCHISEE acknowledges that ATFC is making its knowledge, know-how, and expertise available to it for the purpose of operating the Agency strictly and solely within the Area.
Source: Item 14 — PATENTS, COPYRIGHTS AND PROPRIETARY INFORMATION (FDD page 27)
What This Means (2025 FDD)
According to All Team's 2025 Franchise Disclosure Document, both the franchisee and their employees are responsible for maintaining the confidentiality of All Team's trade secrets and proprietary rights. Specifically, all employees must exercise the highest degree of diligence to ensure absolute confidentiality, both during and after the term of the Franchise Agreement.
This obligation extends to all employees of the All Team franchise, and the franchisee is further required to have all supervisory personnel sign a Confidentiality and Non-Compete Agreement. This agreement must be in a form that is acceptable to All Team.
Furthermore, the franchisee themselves agrees to exercise the highest degree of diligence and make every effort to maintain the absolute confidentiality of all confidential information, trade secrets, and proprietary rights during and after the term of the Franchise Agreement. This dual responsibility underscores the importance All Team places on protecting its confidential information and trade secrets, requiring a comprehensive effort from both the franchisee and their staff.