What is the name of the agreement that outlines confidentiality and non-compete obligations for Craters & Freighters?
Craters_Freighters Franchise · 2025 FDDAnswer from 2025 FDD Document
: | % | | Name: | Signed: | % |
ATTACHMENT F TO FRANCHISE AGREEMENT
CONFIDENTIALITY AND NON-COMPETE AGREEMENT
| This Confidentiality and Non-Compete Agreement ("Agreement") is entered into by | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| ("Restricted Person") on ("Effective | Date"), in favor of Craters & Freighters Franchise Company ("Franchisor") and in consideration | |||||||||
| of | Restricted ("Franchisee"), in accordance |
Source: Item 22 — CONTRACTS (FDD pages 49–50)
What This Means (2025 FDD)
According to the 2025 Craters & Freighters FDD, the agreement that outlines confidentiality and non-compete obligations is called the "Confidentiality and Non-Compete Agreement". This agreement is entered into by the Restricted Person (Franchisee) in favor of Craters & Freighters Franchise Company (Franchisor).
The Confidentiality and Non-Compete Agreement is attached as Exhibit F to the franchise agreement. This agreement is designed to protect Craters & Freighters's confidential information, trade secrets, and competitive advantages by restricting franchisees from engaging in activities that could harm the brand during and after the franchise term.
These types of agreements are standard practice in franchising to protect the franchisor's business model and proprietary information. Prospective franchisees should carefully review the terms of the Confidentiality and Non-Compete Agreement with legal counsel to understand the full scope of their obligations and restrictions.