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Franchise Agreement
trademarks, service marks, and trade names, in the conduct of a business at a specified location, under the supervision of and in accordance with the service standards approved by Franchiser. necessity of opening and conducting franchise operations in conformity with the franchise and in accordance with Franchiser's standards and specifications. Franchisee shall pay __ Dollars to Franchiser's Franchise Owner Advertising and Sales Promotion Fund for a grand opening promotional ...
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Franchise Non-compete Agreement
The franchiser, _____, and the franchisee, ____, as set forth in their franchise agreement on ______ and as witnessed by _____, have agreed to the following additional terms and conditions: If for any reason either party chooses to end the terms of the contractual agreement, the franchisee promises to not conduct ____ ...
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First Right of Refusal for Franchise Reassignment
The franchiser, _____, and the franchisee, ____, as set forth in their franchise agreement on ______ and as witnessed by _____, have agreed to the following additional terms and conditions: Franchiser reserves the first right of refusal, with a reasonable and realistic offer to acquire any and all rights granted the franchisee in the contractual ...
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Franchise Accounting Procedures
Franchise agrees to keep daily record of business and forward to franchiser on a weekly basis those transactions. On _ of each following week, the franchiser will receive a weekly culmination of business activity. Upon inspection with reasonable notification, the franchisee will disclose any and all accounting information of business activity.
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Franchisee's First Refusal Right-new Franchises
In the case of exclusive distribution rights given to the franchiser, the franchisee has the option of first refusal of any new or additional locations of said business located at the following: _____. Franchisee must comply with written notice of franchiser to refuse or accept intent. Failure to respond will allow franchisee the right to exercise option..
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Franchise Confidentiality
The franchiser, _____, and the franchisee, ____, as set forth in their franchise agreement on ______ and as witnessed by _____, have agreed to the following additional terms and conditions: All menus and recipes and method of food preparation disclosed will be considered confidential and shall be respected as confidential. Upon termination of this ...
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Franchise Trademark Protection Upon Severing Contract
If and when franchisee decides to end the contractual agreement, any and all distinct identification(s) of the franchise must be removed from franchisees location as soon as possible. This includes trademarked logo(s), words associated with the trademark, any motifs, franchises colors, materials, equipment, sales brochures, and marketing materials that are and can be associated with the franchise trademark or trademarks. The franchiser, in the case that the franchisee does not remove the ...
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Franchise Royalties
Franchisee will be responsible to provide an audited statement, by a duly authorized agent, of all accounts and transactions of the franchise at least ____ annually. Such statement will be delivered in writing every ___ and will include a royalty fee to be paid to franchiser. All activity with regard to accounting will be performed in accordance with the standards set forth in provided manuals.
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License Grant-sub Franchise Right
The franchiser, ______, and the franchisee, ______, as set forth in their franchise agreement on __ and as witnessed by _____, have agreed to the following additional terms and conditions: ______ ______ Franchiser permits and ...
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Franchise License Grant/name Restriction
Franchisee is permitted to use the name ___ under the circumstances complying with standard procedures and matching color schemes, motifs and required logos. Copy and general characteristics conveyed about franchise must be all pre-approved by franchiser. Franchisee will provide outdoor advertisements and signs, that must include matched colors, motifs and copy in a similar appearance so that the franchise standard is universal to customers as the business ...
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Termination Procedures for A Franchise
E. Any and all contracts relative to the . franchise must be provided to the franchiser immediately. If the franchisee does not comply with terms and conditions of termination immediately ( he or she ) will allow the power of attorney to execute all necessary acts to complete termination process.
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Franchise Standard Operational Procedures
Franchisee promises to adhere to any and all mandates set forth by franchiser and conduct business as set by the rules and regulations of the contractual agreement. Franchisee also acknowledges that occasionally as franchise deems appropriate, changes to standard procedures may occur and franchisee will act in accordance with implemented alterations and revisions. Franchise will not in any way change rules or established practices unless mandated by the franchiser or by action of a ...
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Franchise Food Products License
For the following ___ years franchisee maintains the right to operate said business of selling prepared food items under the trademark, ____. Franchiser agrees to allow franchisee to operate business in compliance with standard operational procedures outlined under trademarked system of service and preparation of food products. Both the franchiser and the franchisee understand this grant is official documentation and part of the franchisers registered trademark, ...
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Franchise Product Confidentiality
In the case of confidential menus, recipes, ingredients and or components of that which is licensed and trademarked by the franchiser, the franchisee agrees not to disclose or indulge any confidential information or any portion of that trade secret. Any disclosure of so called confidential information or trademarked secret will result in breech of contract. I, ___ , agree to protect and remain in my confidence any and all trade secrets of said franchise.
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Franchise Premise Leases
The franchiser, _____, and the franchisee, ____, as set forth in their franchise agreement on _______ and as witnessed by _____, have agreed to the following additional terms and conditions: _____, this property will be restricted solely for the use of business named and trademarked ___. ...
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Franchise Pre-opening Requirements
At least _ days before franchisees commencement of business, franchisee and franchiser will implement an agreement outlining the necessary tools and supplies for the operation of business. This agreement will serve as a contract with a life of __. This agreement is intended to assist franchisee with the necessary tools of trade familiar to franchiser and to assist with ease of operation during the so called orientation process of franchisee.
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Intent to Form Corporation by Franchisee
If and when that said franchisee desires to sell any stock in the formed corporation, the franchisee will maintain franchisee's said name and franchisee will control at least __% of the voting corporation stock. If the franchisee has less than __% of the voting stock then the franchiser will reserve the ability to negate the agreement. Franchisee must produce a list of any and all potential shareholders and the amount each potential shareholder will hold upon delivery of the corporate ...
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Exclusive Franchise Territory
The franchiser, _____, and the franchisee, ____, as set forth in their franchise agreement on ______ and as witnessed by _____, have agreed to the following additional terms and conditions: Franchiser agrees that no other franchise will be granted to any other individual within a ____ mile radius of franchisees location of ...
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Personal Management of Franchise
For _____ (period of weeks or months) from commencement of business at ___, the franchisee agrees to be personally responsible for the management of above mentioned franchise. Within this time period franchisee agrees to employee a person to be appointed as manager, if approved by the franchiser. Personal management is assumed by the franchisee or duly appointed manager as aforementioned.
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Franchise Property Lease and Facility
Franchiser reserves the right to approve any location selected by franchisee before the onset of construction and or business, as the case may be. Lease terms are to be set as follows: a minimum of ______ and franchisee must transfer agreement, by lease terms, to franchiser in the case of contract termination. Franchiser insists on only the following construction guidelines for leased property.
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