To whom can a Prospective Franchisee disclose Del Taco's Proprietary Information under the Non-Disclosure Agreement?
Del_Taco Franchise · 2025 FDDAnswer from 2025 FDD Document
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- Proprietary Information may be disclosed by the Prospective Franchisee only to those of its employees, agents and consultants who need to know such Proprietary Information for the purpose described above, who have been informed of the confidential nature of such information, and who are obligated to maintain such information in confidence.
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- Prospective Franchisee will not disclose such Proprietary Information to any third party without the prior written consent of Del Taco.
Source: Item 23 — RECEIPTS (FDD pages 59–325)
What This Means (2025 FDD)
According to Del Taco's 2025 Franchise Disclosure Document, a Prospective Franchisee can disclose Proprietary Information only to specific individuals under certain conditions. The Proprietary Information, which includes financial data, operating procedures, marketing information, and business strategies, must be kept confidential.
The document states that Proprietary Information may be disclosed by the Prospective Franchisee only to their employees, agents, and consultants. However, this disclosure is limited to those who need to know the information for the specific purpose it was disclosed. Furthermore, these individuals must be informed of the confidential nature of the information and be obligated to maintain it in confidence.
The Prospective Franchisee is prohibited from disclosing Proprietary Information to any third party without obtaining prior written consent from Del Taco. This restriction ensures that sensitive business information remains protected and is not disseminated to unauthorized parties, maintaining Del Taco's competitive advantage and protecting its business interests.