Who is considered 'us' in the Itan Confidentiality Agreement?
Itan Franchise · 2025 FDDAnswer from 2025 FDD Document
This Agreement (this "Agreement") is entered into by the undersigned ("you") in favor of iTAN Franchising, Inc., a California corporation and its successors and assigns ("us").
Source: Item 23 — RECEIPT (FDD pages 44–190)
What This Means (2025 FDD)
According to Itan's 2025 Franchise Disclosure Document, the Confidentiality Agreement defines "us" as iTAN Franchising, Inc., a California corporation, including its successors and assigns. This definition is important because it clarifies who the confidentiality obligations are in favor of.
For a prospective Itan franchisee, this means that the confidentiality obligations within the agreement extend not only to the current iTAN Franchising, Inc., but also to any entity that might take over the company or to whom the company's rights are assigned. This ensures that the confidential information is protected even if the ownership or structure of the Itan franchise system changes.
Furthermore, Itan requires all employees, officers, directors, independent contractors, and other persons associated with the franchisee or their salon to sign and submit a Confidentiality Agreement before they can access Itan's confidential information. This requirement ensures a broad protection of Itan's confidential information and brand standards, and the franchisee is responsible for ensuring compliance and notifying Itan of any breaches.