Does the Developer acquire any rights or interest in the confidential information provided by B Bops?
B_Bops Franchise · 2025 FDDAnswer from 2025 FDD Document
CONFIDENTIAL INFORMATION.
Developer hereby acknowledges that Company will provide highly confidential and proprietary information to Developer in connection with development of the Units, and that Developer will not acquire any rights or interest in such information apart from use thereof in accordance with the terms of this Agreement and any Unit Franchise Agreement entered into between the parties.
Developer agrees that such confidential information is provided to Developer solely on the condition that Developer agrees that Developer: (a) will not use the confidential information in any other
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business or activity; (b) will comply with the noncompete provisions hereof to protect Company's interests in the confidential information; (c) will maintain absolute confidentiality with respect to such information during and after the term of this Agreement and will not, directly or indirectly, divulge, disclose or otherwise communicate to any person or entity any of such information; (d) will not make, use or retain copies of any portion of such confidential information that may appear in writing; and (e) will adopt and implement all reasonable procedures prescribed by Company from time to time to prevent unauthorized use or disclosure of such information.
Source: Item 23 — RECEIPTS (FDD pages 53–145)
What This Means (2025 FDD)
According to B Bops's 2025 Franchise Disclosure Document, the Developer does not acquire any rights or interest in the confidential information provided by B Bops, apart from using it according to the terms of the agreement and any Unit Franchise Agreement.
The agreement specifies that the confidential information is provided solely on the condition that the Developer agrees to certain restrictions. These include not using the confidential information in any other business or activity, complying with non-compete provisions to protect B Bops's interests, maintaining absolute confidentiality during and after the agreement term, and not making, using, or retaining copies of any written confidential information.
Furthermore, the Developer must adopt and implement all reasonable procedures prescribed by B Bops to prevent unauthorized use or disclosure of the information. This ensures that B Bops retains full control over its proprietary information and that the Developer's use is strictly limited to the scope of the franchise agreement.