factual

Who is the Confidentiality Agreement in favor of regarding Crepe De Licious?

Crepe_De_Licious Franchise · 2025 FDD

Answer from 2025 FDD Document

This Confidentiality Agreement ("Agreement") is entered into by the undersigned ("you") in favor of Crepe Delicious Holding USA, Inc., a Delaware corporation, and its successors and assigns ("us"), upon the terms and conditions set forth in this Agreement.

Source: Item 22 — CONTRACTS (FDD page 57)

What This Means (2025 FDD)

According to Crepe De Licious's 2025 Franchise Disclosure Document, the Confidentiality Agreement is in favor of Crepe Delicious Holding USA, Inc., a Delaware corporation, including its successors and assigns. This agreement is designed to protect Crepe De Licious's confidential information and intellectual property.

This means that anyone signing the Confidentiality Agreement, such as an employee, independent contractor, agent, representative, or supplier of a Crepe De Licious franchisee, is agreeing to protect the brand's trade secrets, operational methods, marketing strategies, and other proprietary information. The agreement ensures that these individuals will not disclose or misuse this information, which is crucial for maintaining the competitive edge and consistency of the Crepe De Licious franchise system.

For a prospective Crepe De Licious franchisee, this highlights the importance of ensuring that their employees and business partners understand and adhere to the confidentiality terms. It also underscores the franchisor's commitment to safeguarding its intellectual property, which is a key component of the franchise offering. Franchisees should be prepared to implement measures to enforce these confidentiality obligations and understand the potential legal ramifications of breaches, as outlined in the franchise agreement.

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.