What is included in Exhibit D to the Bonchon Franchise Agreement?
Bonchon Franchise · 2025 FDDAnswer from 2025 FDD Document
Under the Franchise Agreement and Area Development Agreement, the following persons must sign our Confidentiality/Non-Competition Agreement (Exhibit E to the Franchise Agreement and Exhibit C to the Area Development Agreement) or, as applicable, our Confidentiality Agreement (Exhibit F to the Franchise Agreement and Exhibit D to the Area Development Agreement) :
Source: Item 22 — CONTRACTS (FDD pages 91–92)
What This Means (2025 FDD)
According to Bonchon's 2025 Franchise Disclosure Document, Exhibit D to the Area Development Agreement, not the Franchise Agreement, contains the Confidentiality Agreement. This agreement is required to be signed by individuals associated with the franchisee, such as owners or those with an interest in the business, to protect Bonchon's confidential information.
This requirement ensures that sensitive business information, such as operational methods, recipes, and marketing strategies, remains protected. Prospective Bonchon franchisees should carefully review the terms of the Confidentiality Agreement to understand their obligations regarding the use and disclosure of confidential information, both during the term of the agreement and after its expiration or termination.
It is common practice in franchising to include confidentiality agreements to safeguard proprietary information. Franchisees must ensure that all relevant parties, including operating principals and business partners, are aware of and comply with these confidentiality obligations to avoid potential legal issues and protect the integrity of the Bonchon system.