factual

What form of confidentiality agreement is Crave required to obtain from its General Manager and other personnel?

Crave Franchise · 2025 FDD

Answer from 2025 FDD Document

  • 10.2.2 You shall require and obtain the execution of covenants similar to those set forth in Section 10.2.1 from your General Manager and all other of your personnel who have received or will have access to confidential information. Such covenants shall be substantially in the form set forth in Attachment 4. If any Principal is a married individual and the Principal's spouse has not executed this Agreement, such Principal shall cause his or her spouse to personally execute and bind himself or herself to the terms of a Spouse Confidentiality and Non-Compete Agreement, in the form attached as Attachment 8.

Source: Item 23 — RECEIPTS (FDD pages 63–253)

What This Means (2025 FDD)

According to Crave's 2025 Franchise Disclosure Document, franchisees are required to obtain confidentiality agreements from their General Manager and all other personnel who have access to confidential information. These agreements must be substantially similar to the covenants outlined in Section 10.2.1 of the franchise agreement, with a specific form provided as Attachment 4.

This requirement ensures that sensitive business information, such as operational methods, recipes, marketing strategies, and other proprietary knowledge, remains protected. The confidentiality agreements prevent employees from divulging or using this information for their own benefit or for the benefit of any other entity during and after their employment.

For Crave franchisees, this means they must implement a formal process for ensuring that all relevant employees sign these confidentiality agreements. This is a critical step in safeguarding Crave's trade secrets and maintaining a competitive advantage. Additionally, if a Principal is married and their spouse has not signed the agreement, the Principal must ensure the spouse signs a Spouse Confidentiality and Non-Compete Agreement, as detailed in Attachment 8.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.