To whom must Developments be disclosed according to the Angry Chickz agreement?

Based on the 2025 Angry Chickz FDD, the terms of the Release, which includes details about the Development Agreement, must remain confidential. This confidentiality extends to the terms of the Release and dictates that they "may not be disclosed except when and to the extent necessary to comply with applicable federal, state, or local laws, court orders or regulations."

This means that franchisees and guarantors are restricted from sharing the specifics of the Release with anyone unless legally compelled to do so by law or court order. This restriction ensures that the terms negotiated between Angry Chickz and its franchisees remain private, preventing potential public knowledge of specific deal terms or conditions.

For a prospective Angry Chickz franchisee, this confidentiality clause underscores the importance of fully understanding the terms of the Development Agreement and Release before signing, as they will be legally bound to keep these terms confidential. It also highlights the need to seek independent legal counsel to fully grasp the implications of this confidentiality requirement.