Does Crave require a Statement of Ownership Interests in Franchisee/Entity Confidentiality and Non-Competition Agreement?

Yes, according to Crave's 2025 Franchise Disclosure Document, a Statement of Ownership Interests in Franchisee/Entity is required as part of the franchise agreement. Specifically, it is listed as Attachment 3 to the franchise agreement. This document likely outlines the ownership percentages of the franchisee entity.

Additionally, Crave requires a Confidentiality and Non-Competition Agreement, listed as Attachment 4 to the franchise agreement. This agreement is for trained employees and others with access to Crave's confidential information. This agreement ensures that individuals with access to sensitive business information are legally bound to protect it and not use it to compete against the franchise, both during and after their association with Crave.

Furthermore, Crave also requires a Spouse Confidentiality and Non-Compete Agreement, which is Attachment 8 to the franchise agreement. This agreement ensures that the franchisee's spouse also agrees to maintain the confidentiality of the business and not engage in competitive activities. This is a common practice to prevent confidential information from being leaked or used against the franchise by close family members.