What is the Associate's obligation regarding the use of Confidential Information related to Bambu?
Bambu Franchise · 2025 FDDAnswer from 2025 FDD Document
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- Use and Disclosure of Confidential Information. Associate acknowledges that, in connection with Associate's Affiliation with Bambu or Franchisee, Bambu or Franchisee will disclose in strict confidence certain Confidential Information necessary for the operation of a Bambū shoppe. Associate specifically acknowledges that the Confidential Information is valuable, unique and comprises a substantial portion of the assets of Bambu; and Associate agrees that he or she will not utilize all or any portion of the same for Associate's personal benefit during the term of Associate's Affiliation with Franchisee, nor in any manner use the same subsequent to the termination of Associate's Affiliation with Bambu or Franchisee or the termination or expiration of the Franchise Agreement, nor disclose any of the same to any person, firm, corporation or other entity whatsoever at any time for any reason or purpose, without the prior written consent of Bambu. Associate shall not copy, publish or otherwise duplicate the Confidential Information or permit others to do so and shall return all Confidential Information to Franchisee upon termination of Associate's Affiliation with Franchisee. Associate may disclose to other employees, agents, or representatives of Bambu or Franchisee the Confidential Information only to the extent necessary for such employees, agents or representatives to carry out their intended function.
Source: Item 23 — Receipts (FDD pages 52–209)
What This Means (2025 FDD)
According to Bambu's 2025 Franchise Disclosure Document, an Associate acknowledges that they will receive confidential information necessary for operating a Bambu shoppe. This information is considered valuable and unique to Bambu. The Associate agrees not to use this information for personal benefit during their affiliation with the franchisee.
After the Associate's affiliation ends, whether through termination or expiration of the Franchise Agreement, they cannot use the confidential information in any way or disclose it to anyone without Bambu's prior written consent. The Associate is also prohibited from copying or publishing the confidential information and must return all such information to the franchisee upon termination of their affiliation.
The Associate is permitted to share confidential information with other employees, agents, or representatives of Bambu or the franchisee, but only to the extent necessary for them to perform their job functions. Bambu emphasizes the importance of protecting this information, as unauthorized disclosure could cause significant harm to the company.