For Checkers, what is the deadline for a franchisee to furnish copies of executed Nondisclosure and Non-Competition Agreements after their execution?

According to Checkers' 2025 Franchise Disclosure Document, a franchisee must furnish copies of all executed Nondisclosure and Non-Competition Agreements to Checkers within ten days following their execution. This requirement applies to agreements obtained from specific individuals and entities associated with the franchise.

Specifically, Checkers requires these agreements from the Operating Partner before employment or promotion. If the franchisee is a business entity, agreements are needed from all owners with at least a ten percent direct or indirect legal or beneficial ownership interest, all officers, directors, and managers, and all persons possessing equivalent positions in any business entity that directly or indirectly owns or controls the franchisee.

The franchisee is responsible for procuring these agreements no later than ten days following the Effective Date of the franchise agreement. If an individual or entity attains any of the aforementioned statuses after the Effective Date, the franchisee has ten days from the date the individual or entity attains such status to procure the agreement. This ensures that Checkers has the necessary protections in place regarding confidential information and competition from key individuals associated with the franchise.

This requirement is fairly standard in franchising, as franchisors need to protect their trade secrets and business methods. The relatively short timeframe of ten days underscores the importance Checkers places on quickly securing these agreements. A prospective franchisee should be prepared to manage these requirements promptly to avoid any potential issues with Checkers.