What confidentiality obligations exist regarding arbitration or lawsuits related to the Bombs Away franchise agreement?

According to the 2024 Bombs Away Franchise Disclosure Document, all documents, information, and results pertaining to any arbitration or lawsuit will be confidential. This confidentiality requirement has some exceptions. Disclosure is permitted if required by law or if Bombs Away needs to comply with laws and regulations applicable to the sale of franchises.

This clause means that franchisees must keep all details of any legal disputes with Bombs Away strictly confidential unless legally compelled to disclose them. This includes not only the final outcome but also any documents, information shared, and the results of the proceedings.

The confidentiality clause aims to protect Bombs Away's brand reputation and sensitive business information. Franchisees should be aware that violating this confidentiality clause could result in legal repercussions from Bombs Away. Franchisees should seek legal counsel to fully understand the scope and implications of this clause.