Does the Checkersrallys Franchise Agreement include a form of Confidentiality and Non-Disclosure Agreement as an exhibit?
Checkersrallys Franchise · 2025 FDDAnswer from 2025 FDD Document
| 18.12 Approvals and Consents 54 | |
|---|---|
| 18.13 Notices and Payments 55 | |
| 18.14 Franchisee's Release 55 | |
| 18.15 Electronic Signatures 55 | |
| 18.16 Receipt of Disclosure Document and Agreement 56 | |
| EXHIBIT A – Franchisee Ownership Information | |
| EXHIBIT B – Franchised Restaurant Information | |
| EXHIBIT C – Franchise Addendum to Lease Agreement | |
| EXHIBIT D – Form of Confidentiality and Non-Disclosure Agreement |
Source: Item 22 — CONTRACTS (FDD pages 91–92)
What This Means (2025 FDD)
According to the 2025 Checkersrallys Franchise Disclosure Document, the Franchise Agreement does include a form of Confidentiality and Non-Disclosure Agreement as an exhibit. Specifically, Exhibit D to the Franchise Agreement is listed as the 'Form of Confidentiality and Non-Disclosure Agreement.'
This means that prospective Checkersrallys franchisees will be required to adhere to the terms outlined in this agreement, which likely covers the protection of Checkersrallys's proprietary information, trade secrets, and other confidential business practices. Franchisees should carefully review this exhibit to understand their obligations regarding confidentiality, both during the term of the franchise agreement and after its termination.
It is standard practice in franchising to include such agreements to protect the franchisor's intellectual property and maintain a competitive advantage. Franchisees should pay close attention to the scope of the confidential information, the duration of the non-disclosure obligations, and any restrictions on post-term activities to ensure they can comply with the terms of the agreement.