For a Bonchon franchise, which individuals are required to execute the Confidentiality Agreement (Exhibit F)?

According to Bonchon's 2025 Franchise Disclosure Document, the individuals required to sign the Confidentiality Agreement (Exhibit F) include the Operating Principal (if they do not hold an ownership interest), the General Manager, the Area Manager, and all other managerial staff. This agreement must be executed before their employment or promotion within the Bonchon franchise.

Bonchon requires franchisees to ensure these individuals understand and agree to maintain the confidentiality of sensitive business information. This measure aims to protect Bonchon's proprietary information and maintain a competitive advantage.

For a prospective franchisee, this means they must implement a system to collect these signed agreements and provide copies to Bonchon within ten days of execution. Failure to obtain these agreements could result in a breach of the franchise agreement. This requirement is a standard practice in franchising to protect the franchisor's confidential business information and trade secrets.