Is a Craters & Freighters franchisee's spouse or significant other required to sign the Confidentiality and Non-Competition Agreement?
Craters_Freighters Franchise · 2025 FDDAnswer from 2025 FDD Document
Franchisee must ensure and require that all of Franchisee's owners, officers, directors, shareholders, and partners (each a "Restricted Person" and, collectively, "Restricted Persons") execute a prescribed form of confidentiality and non-competition agreement that will be in substantially the same form attached to this Agreement as Attachment F ("Confidentiality and Non-Competition Agreement").
Franchisee must obtain a signed copy of the Confidentiality and Non-Competition Agreement from every such Restricted Person prior to, or at the same time of, that Restricted Person undertaking its role with Franchisee.
Franchisee's spouse or significant other will also be bound by the same requirement and will sign the same Confidentiality and Non-Competition Agreement.
Franchisee must provide Franchisor with a copy of each signed Confidentiality and Non-Competition Agreement within ten (10) days of executing such Confidentiality and Non-Competition Agreement.
Source: Item 22 — CONTRACTS (FDD pages 49–50)
What This Means (2025 FDD)
According to the 2025 Craters & Freighters Franchise Disclosure Document, a franchisee's spouse or significant other is required to sign the Confidentiality and Non-Competition Agreement. This agreement is in substantially the same form as Attachment F to the Franchise Agreement.
The franchisee must ensure that all owners, officers, directors, shareholders, and partners, defined as "Restricted Persons," execute this agreement. The franchisee must obtain a signed copy from every Restricted Person before or at the time they undertake their role with the franchisee.
The franchisee is required to provide Craters & Freighters with a copy of each signed Confidentiality and Non-Competition Agreement within ten days of its execution. This requirement ensures that all individuals with access to Craters & Freighters' confidential information are bound by the terms of the agreement, protecting the franchisor's trade secrets and competitive advantage.