This Franchise Agreement ("Agreement") is made and entered into as of January 1, 2024, by and between Franchise Corp, a company organized and existing under the laws of State with its principal office located at 123 Franchise Ave, City, State ("Franchisor"), and John Doe, located at 456 Partner St, City, State ("Franchisee").
The Franchisor hereby grants to the Franchisee the right, and the Franchisee undertakes the obligation, to operate a franchise under the Franchisor’s brand and system, using the Franchisor's trademarks, trade names, service marks, logos, and commercial symbols (the "Marks").
This Agreement shall commence on the effective date and shall continue for a term of one year, subject to renewal as provided herein.
The Franchisee shall pay to the Franchisor an initial franchise fee of $10,000 and an ongoing royalty fee of 5% of the Franchisee's gross revenue.
The Franchisee agrees to maintain the confidentiality of all proprietary information provided by the Franchisor.
This Agreement may be terminated by either party upon thirty (30) days' written notice to the other party in the event of a breach of any provision of this Agreement.
This Agreement shall be governed by and construed in accordance with the laws of the State of [State].
This Agreement constitutes the entire agreement between the parties and supersedes all prior agreements and understandings, whether written or oral, relating to the subject matter hereof.
IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the day and year first above written.
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Franchisor Representative
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John Doe, Franchisee
This Franchise Agreement ("Agreement") is made and entered into as of May 1, 2024, by and between Franchise Corp, a company organized and existing under the laws of State with its principal office located at 123 Franchise Ave, City, State ("Franchisor"), and John Doe, located at 456 Partner St, City, State ("Franchisee").
The Franchisor hereby grants to the Franchisee the right, and the Franchisee undertakes the obligation, to operate a franchise under the Franchisor’s brand and system, using the Franchisor's trademarks, trade names, service marks, logos, and commercial symbols (the "Marks").
This Agreement shall commence on the effective date and shall continue for a term of one month, subject to renewal as provided herein.
The Franchisee shall pay to the Franchisor an initial franchise fee of $1,000 and an ongoing royalty fee of 5% of the Franchisee's gross revenue.
The Franchisee agrees to maintain the confidentiality of all proprietary information provided by the Franchisor.
This Agreement may be terminated by either party upon seven (7) days' written notice to the other party in the event of a breach of any provision of this Agreement.
This Agreement shall be governed by and construed in accordance with the laws of the State of [State].
This Agreement constitutes the entire agreement between the parties and supersedes all prior agreements and understandings, whether written or oral, relating to the subject matter hereof.
IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the day and year first above written.
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Franchisor Representative
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John Doe, Franchisee