Franchise Contract
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Description
The Franchise Contract is an agreement between two legally independent parties: Franchisor and Franchisee. By means of this contract, the Franchisor grants the Franchisee the exclusive right to distribute its products (or services) in establishments which are uniformly equipped and furnished, as well as the right to use industrial property rights (brands, commercial signs, trade marks), while it also provides the whole Know-How (Franchise Handbook), and the technical and commercial support for distribution to be carried out correctly. The Franchisee must follow the instructions given by the Franchisor as regards the presentation, commercialization and corporate image on the authorized premises. In recognition of the services provided, the Franchisee pays the Franchisor a series of different fees (Front-end fee, sales fee, advertising fee). For international transactions the International Franchise Contract should be used. |
Index of the contract
Parties
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Signatures |