Does the Crepe De Licious Confidentiality Agreement address the ownership of the Intellectual Property?
Crepe_De_Licious Franchise · 2025 FDDAnswer from 2025 FDD Document
The Intellectual Property is and shall continue to be the sole property of Crepe Delicious Holding USA, Inc. You hereby assign and agree to assign to us any rights you may have or may acquire in such Intellectual Property. Upon the termination of your employment or engagement with Franchisee, or at any time upon our or Franchisee's request, you will deliver to us or to Franchisee all documents and data of any nature pertaining to the Intellectual Property, and you will not take with you any documents or data or copies containing or pertaining to any Intellectual Property.
Source: Item 22 — CONTRACTS (FDD page 57)
What This Means (2025 FDD)
According to the 2025 Crepe De Licious Franchise Disclosure Document, the Confidentiality Agreement explicitly addresses the ownership of intellectual property. It states that all Intellectual Property is and shall continue to be the sole property of Crepe Delicious Holding USA, Inc. Furthermore, any rights that an employee, independent contractor, agent, representative, or supplier of a franchisee may have or acquire in the Intellectual Property are assigned to Crepe De Licious.
This means that anyone who gains access to Crepe De Licious's Intellectual Property through their association with a franchisee acknowledges that the Intellectual Property remains the exclusive property of Crepe De Licious. They cannot claim ownership or rights to it. This is a standard practice in franchising to protect the brand's assets and system.
Additionally, upon termination of employment or engagement with the franchisee, or at any time upon request, the individual must return all documents and data pertaining to the Intellectual Property to Crepe De Licious or the franchisee. They are prohibited from taking any such documents or data with them, reinforcing Crepe De Licious's control and ownership of its Intellectual Property.