Under what exhibit number can I find the Confidentiality Agreement for a Pump It Up franchise?
Pump_It_Up Franchise · 2025 FDDAnswer from 2025 FDD Document
Before we provide you with any confidential information regarding the System, you must sign a Confidentiality Agreement (Exhibit D). In our reasonable discretion, we retain the right to award or not award a franchise to any prospective franchisee, regardless of the stage of the franchise award process or costs expended by the prospective franchisee.
Source: Item 22 — CONTRACTS (FDD page 59)
What This Means (2025 FDD)
According to Pump It Up's 2025 Franchise Disclosure Document, the Confidentiality Agreement can be found in Exhibit D. Before Pump It Up provides any confidential information about its system, a prospective franchisee must sign this agreement. This is a standard practice in franchising, as it protects the franchisor's proprietary information.
The Confidentiality Agreement ensures that potential franchisees, and their employees, understand their obligations regarding the sensitive information they receive during the evaluation process. This agreement outlines the permitted uses of the confidential information, restrictions on disclosure, and the requirement to return the information if the applicant decides not to pursue a franchise or if Pump It Up decides not to offer one.
The agreement also specifies that even if a franchise agreement is not ultimately signed, the confidentiality obligations remain in effect for a certain period. This prevents potential franchisees from using the information gained to start a competing business shortly after deciding not to invest in a Pump It Up franchise. The agreement includes clauses addressing the return of confidential information, notification of any breaches in confidentiality, and the franchisor's right to enforce the agreement.