What version of the Confidentiality Agreement must spouses of Closet Storage Concepts owners execute?

According to Closet Storage Concepts' 2025 Franchise Disclosure Document, spouses of franchisees are required to sign a specific version of the confidentiality agreement. This agreement is formally titled the "Confidentiality, Non-Disclosure and Non-Competition Agreement (for non-affiliated spouses of Franchisee/Franchisee's owners)" and is attached as Exhibit "3(b)" to the Franchise Agreement. This requirement ensures that spouses are legally bound to protect Closet Storage Concepts' confidential information and trade secrets.

The agreement acknowledges that the franchisee has obtained rights from Closets Unlimited of New Jersey, Inc. to operate a Closet & Storage Concepts business. This includes the use of the franchisor's trade names, service marks, trademarks, logos, and other proprietary marks. The spouse's agreement to these terms is part of the overall effort to safeguard the Closet & Storage Concepts system and brand.

By signing this agreement, the spouse agrees to maintain the confidentiality of the Closet Storage Concepts' proprietary information. This includes trade secrets, business practices, and other confidential details essential to the operation of the franchise. This measure is in place to prevent unauthorized disclosure or use of sensitive information that could harm the Closet Storage Concepts brand or provide an unfair advantage to competitors. The agreement also includes non-competition terms, further protecting Closet Storage Concepts' market position.