To whom can the Lessor disclose the Petro Development Information for the Petro Stopping Center?
Petro_Stopping_Center Franchise · 2025 FDDAnswer from 2025 FDD Document
Lessor agrees that it:
- (v) will limit your disclosure of the Petro Development Information to those employees and independent contractors who are necessary for the Development and Construction Work and who agree, in writing, to be bound by the restrictions set forth herein.
Source: Item 4 — Other Owners: (FDD pages 228–302)
What This Means (2025 FDD)
According to the 2025 Petro Stopping Center Franchise Disclosure Document, the Lessor's ability to disclose Petro Development Information is strictly limited. The Lessor can only disclose the Petro Development Information to its employees and independent contractors who are necessary for the Development and Construction Work.
However, this disclosure is conditional. These employees and independent contractors must agree, in writing, to be bound by the confidentiality and non-use restrictions outlined in the agreement. This ensures that the confidential information remains protected and is not misused by those who gain access to it during the development and construction phase.
This clause emphasizes the importance Petro Stopping Center places on protecting its proprietary information and trade secrets. It ensures that the Petro Development Information is only used for the specific purpose of developing and constructing the Petro Stopping Center and is not disseminated beyond those directly involved and bound by confidentiality agreements.