What attachment contains the current form of the Confidentiality Agreement that Itan franchisees' employees must sign?
Itan Franchise · 2025 FDDAnswer from 2025 FDD Document
- "Confidentiality Agreement" means the Confidentiality Agreement that must be signed by certain of your employees pursuant to §14.5, the current form of which is attached as ATTACHMENT "G".
Source: Item 23 — RECEIPT (FDD pages 44–190)
What This Means (2025 FDD)
According to Itan's 2025 Franchise Disclosure Document, the current form of the Confidentiality Agreement that Itan franchisees' employees must sign is attached as ATTACHMENT "G". This agreement is referenced in the definition of "Confidentiality Agreement" within the document.
Attachment G includes a confidentiality agreement that the employee agrees to in favor of iTAN Franchising, Inc. It defines terms such as "Business Data" which includes data pertaining to the franchisee's salon, customers, and business operations. It also defines "Confidential Information" as know-how, business data, information in the manual or comprising the system, terms of the Franchise Agreement, and other concepts, ideas, trade secrets, financial information, marketing strategies, expansion strategies, studies, supplier information, customer information, franchisee information, investor information, flow charts, inventions, mask works, improvements, discoveries, standards, specifications, formulae, recipes, designs, sketches, drawings, policies, processes, procedures, methodologies and techniques.
This agreement ensures that employees of Itan franchisees are legally bound to protect sensitive business information, trade secrets, and other confidential data. This is a standard practice in franchising to maintain the integrity and competitive advantage of the brand. Prospective franchisees should review this agreement carefully to understand the scope of confidential information and the obligations of their employees.