What agreement must each Owner or Operating Partner of a Noodles & Company franchise execute?
Noodles_Company Franchise · 2025 FDDAnswer from 2025 FDD Document
Each person who is or becomes an Owner or an Operating Partner must execute an agreement in the form we prescribe, undertaking to be bound by the confidentiality and non-competition covenants contained in the Agreement, the current form of which is attached hereto as Exhibit D.
Source: Item 23 — RECEIPT (FDD pages 99–350)
What This Means (2025 FDD)
According to the 2025 Noodles & Company Franchise Disclosure Document, each Owner or Operating Partner must execute an agreement to be bound by the confidentiality and non-competition covenants contained in the Franchise Agreement. The current form of this agreement is attached as Exhibit D to the Franchise Agreement.
This requirement ensures that confidential information regarding Noodles & Company's business operations and trade secrets are protected. It also prevents Owners and Operating Partners from engaging in competitive activities that could harm the Noodles & Company brand.
This is a fairly standard practice in franchising, as franchisors typically want to protect their brand and business model. Prospective Noodles & Company franchisees should carefully review Exhibit D to understand the specific restrictions and obligations they and their Owners/Operating Partners will be subject to.