What is the condition for disclosing Craters & Freighters' Confidential Information and Trade Secrets to the franchisee?
Craters_Freighters Franchise · 2025 FDDAnswer from 2025 FDD Document
We will disclose parts of the Confidential Information and Trade Secrets to you as we deem necessary or advisable for the development of your Franchised Business during training and in guidance and assistance furnished to you under the Franchise Agreement, and you may learn or obtain from us additional Confidential Information and Trade Secrets during the term of the Franchise Agreement. The Confidential Information and Trade Secrets are valuable assets of ours and are disclosed to you on the condition that you, and your owners, if you are a business entity, and employees agree to maintain the information in confidence by entering into a confidentiality agreement that we can enforce. Nothing contained in the Franchise Agreement will be construed
Source: Item 14 — PATENTS, COPYRIGHTS AND PROPRIETARY INFORMATION (FDD pages 34–35)
What This Means (2025 FDD)
According to Craters & Freighters' 2025 Franchise Disclosure Document, Craters & Freighters will disclose Confidential Information and Trade Secrets to franchisees as deemed necessary for the development of the franchised business during training, guidance, and assistance provided under the Franchise Agreement. Franchisees may also obtain additional Confidential Information and Trade Secrets during the term of the Franchise Agreement.
The disclosure of this information is conditional upon the franchisee, their owners (if the franchisee is a business entity), and their employees agreeing to maintain the information in confidence. This agreement is formalized through a confidentiality agreement that Craters & Freighters can enforce. This agreement ensures that the franchisee acknowledges the value of the Confidential Information and Trade Secrets and commits to protecting them from unauthorized disclosure.
Furthermore, the Franchise Agreement does not prevent franchisees from using the Confidential Information or Trade Secrets in the operation of other Craters & Freighters Franchised Businesses during the term of the Franchise Agreement. Franchisees must also notify Craters & Freighters within three days if they become aware of any unauthorized use of their Copyrighted Works, Confidential Information, or Trade Secrets. This notification requirement ensures that Craters & Freighters can take appropriate action to protect its intellectual property rights.