Does Fitstop consider information concerning and presented at its seminars to be confidential information?
Fitstop Franchise · 2024 FDDAnswer from 2024 FDD Document
Such Confidential Information includes, but is not limited to, (i) our Manual(s), forms, the information contained and compiled therein, and the updates and memoranda thereto; (ii) training information and methodology; (iii) advertising plans and methodology; (iv) names of contractual arrangements with agents, suppliers, and customers, and their requirements, specifications, and preferences; (v) the contractual arrangements with agents, suppliers, and customers; (vi) the financial details (including but not limited to credit and discount terms) of relationships with our agents, suppliers, or customers; (vii) the names of prospective customers and their requirements, specifications, and preferences; (ix) the software; (x) information concerning and presented at our seminars, conferences, or conventions; (xi) security access information; (xii) information provided through initial and supplementary training; and (xiii) our business plans and strategies, names of agents, suppliers, and customers and their requirements, specifications, and preferences.
- 7.2 You acknowledge that we own all proprietary rights in and to the Confidential Information, in its entirety, and that the Confidential Information constitutes our confidential trade secrets.
Without our prior written consent, you shall not disclose the Confidential Information to any person, except employees of the Franchise for purposes related solely to the operation of the Franchise, nor shall you reprint or reproduce any Confidential Information we may provide to you, in whole or in part, for any purpose except in connection with instruction of employees in the operation of the Franchise.
Source: Item 23 — RECEIPTS (FDD pages 50–135)
What This Means (2024 FDD)
According to Fitstop's 2024 Franchise Disclosure Document, information concerning and presented at its seminars is considered confidential information. Fitstop states that it has expended significant time and resources developing confidential information relating to the operation of its franchised businesses.
This confidential information includes, but is not limited to, manuals, forms, training information, advertising plans, arrangements with agents and suppliers, financial details, customer information, software, information presented at seminars and conferences, security access information, training information, and business plans and strategies. Fitstop emphasizes that it owns all proprietary rights to this confidential information, which constitutes its trade secrets.
As a Fitstop franchisee, you are prohibited from disclosing this confidential information to anyone, except to your employees for the sole purpose of operating the franchise. You are also not allowed to reproduce any of the confidential information for any purpose other than instructing your employees in the operation of the franchise. This means that Fitstop franchisees must take precautions to protect the confidentiality of information shared at seminars, conferences, and conventions.