Product Description

NE0197 Franchise Agreement Template – English

Product description

This is a template of a Franchise Agreement in English.

We also have an Arabic version of this template with Template Number NA0197.

Why you should buy this template?

The franchise agreement is the written contract between the franchiser and franchisee that binds the two parties. It is the fundamental legal document upon which the franchiser-franchisee relationship is based. The franchise agreement details the conditions that both the franchisee and franchiser must understand and accept, the specific obligations, responsibilities and rights of each party to the contract, as well as the actions that the franchisee and franchiser are prohibited from engaging in.

Franchise Agreement is a similar with a License Agreement. A franchise agreement is a contractual business relationship between a franchiser and franchisee. The franchiser is either the proprietor or a holder of certain intellectual property rights or technology, which he allows the franchisee to use in return for some sort of remuneration or other advantage.

This template is an agreement that covers all the areas required for Franchise Agreement including the basic information of the parties involved, but also specific provisions that define the relationship between the franchiser and the franchisee in which the franchiser offers or is obliged to maintain continuing interest in the business of the franchisee in such areas as know-how and training, wherein the franchisee operates under a common trademark, format or procedure owned or controlled by the franchiser, under which the franchisee has or will make a substantial capital investment in his business from his own resources.

Template content

This template includes the following sections:

Recitals

1. Definitions
2. Term of the Agreement
3. Franchise Grant
4. Franchise Fees
5. Duties of the Parties
6. Advertising
7. Retrieval of Information
8. Renewal Procedure
9. Termination
10. Confidentiality
11. Trademark
12. Transfer
13. Inspections and Audit
14. Representations and Warranties of the Parties
15. Force Majeure
16. Hold Harmless Clause
17. Relationship of the Parties
18. Remedies Cumulative
19. Notices
20. Counterparts.
21. Severability and No Waiver
22. Complete Agreement
23. Governing Law
24. Jurisdiction and Venue

For whom is this template designed and for which country?

This template is designed for English speaking countries.

Template Category: Legal

Skills used in designing this template: Legal drafting.

Price: The normal price of this template is 1000 USD, you can get it now for 100 USD.