According to the 2025 Chatime Franchise Disclosure Document, the form for the Confidentiality and Non-Competition Agreement can be found in Exhibit 4 to the Franchise Agreement. This agreement is specifically intended for shareholders, owners, members, partners, officers, directors, and managers associated with the franchisee and the franchised business. This agreement likely outlines the terms and conditions under which these individuals must maintain the confidentiality of Chatime's proprietary information and refrain from engaging in competitive activities, both during and after their association with the franchise.

For a prospective Chatime franchisee, understanding the scope and implications of this agreement is crucial. It dictates who within their organization must sign the agreement and what restrictions it places on their activities. This could affect hiring decisions, business partnerships, and even personal investment opportunities. The agreement aims to protect Chatime's business interests by preventing the unauthorized disclosure of confidential information and limiting competition from those with inside knowledge of the franchise operations.

It is important for potential franchisees to carefully review Exhibit 4 and understand the specific obligations and restrictions it imposes on themselves and their associated parties. They should also seek legal counsel to fully grasp the implications of the agreement and ensure it aligns with their business plans and personal circumstances. This proactive approach will help avoid potential disputes or misunderstandings with Chatime regarding confidentiality and non-competition obligations.