What agreement must a Crepe De Licious franchisee enter into to maintain the confidentiality of information?
Crepe_De_Licious Franchise · 2025 FDDAnswer from 2025 FDD Document
We will disclose parts of the Confidential Information and Trade Secrets to you as we deem necessary or advisable for the development of your Crepe de licious Franchise during training and in guidance and assistance furnished to you under the Franchise Agreement, and you may learn or obtain from us additional Confidential Information and Trade Secrets during the term of the Franchise Agreement. The Confidential Information and Trade Secrets are valuable assets of ours and are disclosed to you on the condition that you, and your owners if you are a business entity, and employees agree to maintain the information in confidence by entering into a confidentiality agreement that we can enforce. Nothing in the
Source: Item 14 — PATENTS, COPYRIGHTS AND PROPRIETARY INFORMATION (FDD pages 45–46)
What This Means (2025 FDD)
According to Crepe De Licious's 2025 Franchise Disclosure Document, franchisees, their owners (if the franchisee is a business entity), and employees must sign a confidentiality agreement to protect the franchisor's Confidential Information and Trade Secrets. This agreement is a condition for Crepe De Licious to disclose what it deems necessary for the franchise's development during training and ongoing support. The FDD emphasizes that this Confidential Information and Trade Secrets are valuable assets.
The Confidential Information includes the Operations Manual, electronic information and communications, sales and promotional materials, the development and use of the System, standards, specifications, policies, procedures, information, concepts and systems on, knowledge of, and experience in the development, operation, and franchising of Crepe de licious Franchises, training materials and techniques, information concerning product and service sales, operating results, proprietary recipes and cooking methods, financial performance, and other financial data of Crepe de licious Franchises, and other related materials. Some of this information is also identified as trade secrets. Franchisees must adopt reasonable procedures to prevent unauthorized disclosure.
This requirement is standard practice in franchising, as franchisors need to protect their proprietary systems and methods. The confidentiality agreement ensures that sensitive business information remains protected, preventing it from being used by competitors or disclosed to unauthorized parties. The franchisee is also obligated to notify Crepe De Licious within three days if they become aware of any unauthorized use of their Copyrighted Works, Confidential Information, or Trade Secrets. Crepe De Licious retains the sole discretion to take action to protect its rights and interests, and the franchisee must cooperate in these efforts.
Prospective franchisees should carefully review the terms of the confidentiality agreement to understand their obligations and restrictions regarding the use and disclosure of confidential information. They should also inquire about the specific procedures and measures they need to implement to safeguard this information and ensure compliance with the agreement.