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Franchise Agreement Sample

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Franchise Agreement Sample
Franchise Agreement Contents
Clause 1. Introduction 2. Grant 1 3. Development & Opening Obligations 4. Hardware & Software 5. Training & Guidance 6. Trade Marks 7. Relationship & Parties 8. Confidential Information, Non-Compete & Data Protection 9. Operating & Franchised Business 10. Marketing 11. Records & Reporting 12. Inspection & Audits 13. Transfer 4 Page

FRANCHISE AGREEMENT I. XYZ Ltd (Reg. No…..) whose registered office is at 21 High Street, Road ---, someplace, (‘We) II. ABC Ltd (No…) whose principal place of business is at ---------------- (‘You’) 1. a. b. INTRODUCTION We have developed methods of operating businesses providing ------products; T make this agreement easier to understand we have defined certain terms used in this agreement clause 21. when you see a word beginning with a capital letter refer to clause 21 to see whether the term has been defined. Some terms are defined in the clause where they first appear. You have applied to own and operate your Franchised Business and your application has been approved by us in reliance on the information you gave us; You have accepted that it is essential that you comply fully with this agreement and the manual; You agree that it is essential to your success that you do not align your business with other franchises of similar category and you agree to comply to the operational Manual & Systems as they are arranged by us. You accept that the display / use of our business trade marks, logos, designs and all that encompasses the ------- Brand requires to be preapproved and is dependant upon our discretion according to this agreement GRANT 1

c.

d. e.

f.

5.

SOFTWARE & HARDWARE 5.1 Training & Guidance A. You must successfully complete our initial training program before operating your Franchised Business.

Or

your local advertising may assign our Brand Team to guide your local advertising. Either ways your local advertising needs to be pre-approved from your Brand Team

RECORDS &

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