For a Bonchon franchise, which personnel are required to sign the Confidentiality Agreement?

According to Bonchon's 2025 Franchise Disclosure Document, several personnel associated with the franchise are required to sign a Confidentiality Agreement. This agreement ensures the protection of Bonchon's confidential and proprietary information.

The individuals who must sign the Confidentiality Agreement include the Operating Principal (if he/she does not hold an ownership interest in you), General Manager, Manager, Area Manager (if applicable), the other persons listed in Item 14, and all non-managerial personnel. This comprehensive requirement covers a wide range of employees, from top-level managers to general staff, highlighting the importance Bonchon places on maintaining the secrecy of its business practices and trade secrets.

The Confidentiality Agreement is included as Exhibit F to the Franchise Agreement and Exhibit D to the Area Development Agreement. This agreement is a standard legal document used in franchising to protect the franchisor's sensitive information, such as recipes, marketing strategies, and operational procedures. By requiring these individuals to sign the agreement, Bonchon aims to prevent the unauthorized disclosure of its proprietary information, which could harm its competitive advantage. Prospective franchisees should carefully review the terms of the Confidentiality Agreement to understand their obligations and ensure their staff complies with these requirements.