What is the definition of 'Confidential Information' relating to FSI and its operations for Fat Shack?
Fat_Shack Franchise · 2025 FDDAnswer from 2025 FDD Document
Associate recognizes and agrees that certain proprietary information relating to FSI and its operations ("Confidential Information") is owned by and treated as
confidential by FSI and Company, including without limitation, (1) the Licensed Methods; (2) all proprietary information concerning FSI's business, the FAT SHACK Restaurants, and the FAT SHACK Restaurant business format and operating procedures; (3) sales methods; (4) formulas, recipes, or processes related to any products sold at FAT SHACK Restaurants; (5) all financial information of FSI and Company other than financial information filed with any government regulatory agency; (6) information regarding the design, décor and layout of FAT SHACK Restaurants; (7) franchise sales processes and promotional methods and materials; (8) all nonpublic statistical information; (9) the strategic plan, budgets and projections for FSI; (10) all information concerning negotiations of any kind conducted by FSI whether pending or completed; (11) all marketing research data and marketing plans; (12) all lead generation or prospecting methods; (13) all information contained in FSI's operations manual, and any other manual, written instructional guides, or other nonpublic written information; (14) internal lists of FSI's current and former franchisees, area developers, and customers of FSI and its franchisees and area developers, including contact information such as physical addresses and e-mail addresses thereof; and (15) all other information which gives FSI and its affiliates an opportunity to obtain an advantage over their competitors or that may be considered a trade secret or proprietary and such Confidential Information that may be further developed from time to time by FSI. Such Confidential Information is unique, exclusive property and a trade secret of FSI.
Source: Item 23 — Receipts (FDD pages 53–223)
What This Means (2025 FDD)
According to Fat Shack's 2025 Franchise Disclosure Document, Confidential Information is defined as proprietary information relating to FSI (Fat Shack Inc.) and its operations. This information is owned by FSI and treated as confidential.
The definition includes, but is not limited to, the Licensed Methods, all proprietary information concerning FSI's business, the Fat Shack restaurants, the Fat Shack restaurant business format and operating procedures, sales methods, formulas, recipes, or processes related to any products sold at Fat Shack Restaurants, and all financial information of FSI and Company other than financial information filed with any government regulatory agency. It also covers information regarding the design, décor, and layout of Fat Shack Restaurants, franchise sales processes and promotional methods and materials, all nonpublic statistical information, the strategic plan, budgets, and projections for FSI, and all information concerning negotiations of any kind conducted by FSI whether pending or completed.
Additionally, Confidential Information includes all marketing research data and marketing plans, all lead generation or prospecting methods, all information contained in FSI's operations manual, and any other manual, written instructional guides, or other nonpublic written information. It also encompasses internal lists of FSI's current and former franchisees, area developers, and customers of FSI and its franchisees and area developers, including contact information such as physical addresses and e-mail addresses thereof, and all other information which gives FSI and its affiliates an opportunity to obtain an advantage over their competitors or that may be considered a trade secret or proprietary and such Confidential Information that may be further developed from time to time by FSI.
This Confidential Information is considered unique, exclusive property, and a trade secret of FSI, highlighting the importance of protecting this information for maintaining a competitive edge and the integrity of the Fat Shack brand.