If a Principal of a Crave franchise is married, is the spouse required to sign a confidentiality agreement?
Crave Franchise · 2025 FDDAnswer 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, if a Principal of a Crave franchise is married and the spouse has not signed the Franchise Agreement, the Principal must ensure that their spouse signs a Spouse Confidentiality and Non-Compete Agreement. This agreement legally binds the spouse to the terms outlined in Attachment 8 of the Franchise Agreement.
This requirement ensures that Crave's confidential business information remains protected, even through the spouse of a Principal. The Spouse Confidentiality and Non-Compete Agreement prevents the spouse from disclosing or using any confidential information related to the Crave franchise. This is a standard practice in franchising to safeguard trade secrets and operational methods.
The agreement is designed to protect Crave's interests by preventing unauthorized use or disclosure of sensitive information that could harm the franchise system. By requiring the spouse's signature, Crave aims to create an additional layer of security and accountability, ensuring that all parties with potential access to confidential information are legally bound to protect it. Attachment 8 specifically outlines the terms and conditions of this agreement, which the spouse must adhere to.