factual

What is the purpose of Exhibit E in the Hawaiian Bros Island Grill franchise agreement?

Hawaiian_Bros_Island_Grill Franchise · 2025 FDD

Answer from 2025 FDD Document

Each Person Company designates, including Principals, General Managers, Executive Management and any other person identified on Exhibit C, must sign an agreement undertaking to be bound by confidentiality, non-competition, and nonsolicitation covenants in the form attached as Exhibit E ("Confidentiality and Non-Competition Agreement").

Source: Item 23 — RECEIPTS (FDD pages 77–262)

What This Means (2025 FDD)

According to the 2025 Hawaiian Bros Island Grill Franchise Disclosure Document, Exhibit E, referred to as the "Confidentiality and Non-Competition Agreement," is a document that certain individuals designated by the franchisee's company must sign. These individuals include principals, general managers, executive management, and anyone else listed on Exhibit C.

The agreement ensures that these individuals are legally bound by confidentiality, non-competition, and non-solicitation covenants. This is a standard practice in franchising to protect the franchisor's proprietary information, trade secrets, and customer relationships. By signing this agreement, these individuals agree not to disclose confidential information about the Hawaiian Bros Island Grill system, compete with the franchise during the term of the agreement and for a specified period afterward, or solicit employees or customers of the franchise.

For a prospective Hawaiian Bros Island Grill franchisee, this means that they need to ensure that all key personnel within their organization are willing to sign and adhere to the terms of the Confidentiality and Non-Competition Agreement. This agreement is crucial for maintaining the integrity of the Hawaiian Bros Island Grill brand and protecting its business interests. Franchisees should carefully review Exhibit E and Exhibit C with their legal counsel to fully understand the scope of these obligations and ensure compliance.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.