Does Fitstop consider information presented at seminars, conferences, or conventions 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 presented at seminars, conferences, or conventions is considered confidential. Fitstop has expended significant resources developing brand standards and confidential information related to operating franchised businesses, including systems, processes, software, databases, logos, manuals, advertising, and promotional materials.
This confidential information includes, but is not limited to, information presented at seminars, conferences, or conventions. Fitstop retains all proprietary rights to this confidential information, which constitutes trade secrets. Franchisees must not disclose this information to anyone, except to their employees for the sole purpose of operating the franchise.
Franchisees are also prohibited from reprinting or reproducing any confidential information provided by Fitstop, except for instructing their employees in the operation of the franchise. This means a Fitstop franchisee must treat all information from meetings as confidential and take precautions to ensure that neither they nor their employees share it publicly.