Does the Del Taco Non-Disclosure and Non-Competition Agreement mention anything about the Member?
Del_Taco Franchise · 2025 FDDAnswer from 2025 FDD Document
- C. The Member, by virtue of his or her position with Franchisee, will gain access to certain of Del Taco's Confidential Information, as defined herein, and must therefore be bound by the same confidentiality and non-competition agreement that Franchisee is bound by.
Source: Item 23 — RECEIPTS (FDD pages 59–325)
What This Means (2025 FDD)
According to Del Taco's 2025 Franchise Disclosure Document, the Non-Disclosure Agreement does address the 'Member' in relation to confidentiality and non-competition. Specifically, it acknowledges that the Member, due to their position with the franchisee, will have access to Del Taco's confidential information.
The agreement stipulates that the Member must adhere to the same confidentiality and non-competition obligations as the franchisee. This ensures that individuals with access to sensitive information are legally bound to protect it and not use it to compete against Del Taco.
This provision is crucial for Del Taco to safeguard its proprietary systems, trade secrets, and confidential information. By extending the non-disclosure and non-competition obligations to the Member, Del Taco aims to prevent unauthorized use or disclosure of its valuable assets, which could cause significant harm to its competitive advantage.