factual

What is Crisp & Green's definition of Confidential Information?

Crisp_Green Franchise · 2024 FDD

Answer from 2024 FDD Document

"Confidential Information" – Our proprietary and confidential information relating to the development and operation of Restaurants, including: (1) ingredients, recipes, and methods of preparation and presentation of food products we authorize; (2) site selection criteria for Restaurants and plans and specifications for the development of Restaurants; (3) sales, marketing and advertising programs and techniques for Restaurants; (4) identity of suppliers, and knowledge of specifications and pricing for food products, materials, supplies and equipment, we authorize; (5) knowledge of operating results and financial performance of Restaurants, other than the Franchised Restaurant and other Restaurants you own; (6) methods of inventory control, storage, product handling, training and management relating to Restaurants; (7) computer systems and software programs; (8) the Operations Manual and all of its contents; and (9) any and all other information we provide you, your Principal Owners or Affiliates that is designated orally or in writing as proprietary or confidential, or by its nature would reasonably be understood to be proprietary or confidential, regardless of whether such information is specifically designated as proprietary or confidential.

Source: Item 23 — RECEIPTS (FDD pages 66–252)

What This Means (2024 FDD)

According to the 2024 Franchise Disclosure Document, Crisp & Green defines "Confidential Information" as proprietary information relating to the development and operation of Restaurants. This includes a wide array of elements critical to the business.

Specifically, Crisp & Green's confidential information encompasses ingredients, recipes, preparation methods, site selection criteria, restaurant development plans, sales and marketing programs, supplier identities, and knowledge of specifications and pricing for authorized items. It also includes operating results, financial performance, inventory control methods, computer systems, software, and the contents of the Operations Manual.

Furthermore, any information provided by Crisp & Green to the franchisee, their Principal Owners, or Affiliates that is designated as proprietary or confidential, whether communicated orally or in writing, or that would reasonably be understood as such, is considered confidential information. This broad definition ensures that all aspects of Crisp & Green's unique business model and operational strategies are protected.

Disclaimer: This information is extracted from the 2024 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.