Is a Confidentiality Agreement (Exhibit 2) a mandatory part of the Mrcool franchise agreement?
Mrcool Franchise · 2025 FDDAnswer from 2025 FDD Document
| Schedule 1 | Location and Designated Territory Acknowledgment |
|---|---|
| Schedule 2 | Statement of Franchise Owners |
| Exhibit 1 | Franchise Owner and Spouse Agreement and Guaranty |
| Exhibit 2 | Confidentiality Agreement |
| Exhibit 3 | Site Selection Acknowledgment |
| Exhibit 4 | Lease Agreement Rider |
| Exhibit 5 | Collateral Assignment of Lease |
| Exhibit 6 | Assignment of Telephone Numbers and Digital Media Accounts |
| Exhibit 7 | ACH Authorization Form |
| Exhibit 8 | General Release |
Source: Item 22 — CONTRACTS (FDD page 55)
What This Means (2025 FDD)
According to Mrcool's 2025 Franchise Disclosure Document, Exhibit 2, the Confidentiality Agreement, is listed as one of the exhibits attached to the Franchise Agreement. This indicates that the Confidentiality Agreement is a standard document that Mrcool uses.
The FDD lists several schedules and exhibits to the Franchise Agreement. These include documents such as the Location and Designated Territory Acknowledgment, Statement of Franchise Owners, Franchise Owner and Spouse Agreement and Guaranty, Site Selection Acknowledgment, Lease Agreement Rider, Collateral Assignment of Lease, Assignment of Telephone Numbers and Digital Media Accounts, ACH Authorization Form, and General Release.
While the FDD lists the Confidentiality Agreement as an exhibit, it does not explicitly state whether signing it is mandatory to become a Mrcool franchisee. However, because it is included as part of the standard franchise agreement documents, it is highly likely that Mrcool requires franchisees to sign it. A prospective franchisee should confirm this with Mrcool during their due diligence.