The
Basic Franchise Provision
The master franchisee
is granted the rights to use the trademarks, logos,
copyrights, trade names and operating systems
of the franchise, as long as the master
franchisee complies with the terms
and conditions of the agreement and its provisions.
The master franchisor
will provide a pre-opening training and supply
operating manuals.
An agreement may be terminated by the master
franchisor for non-compliance with
any terms, conditions or provisions in the agreement.
The agreement must be executed in person by the
master franchisee.
However, subsequent assignments to other business
entities are allowed as long as the master
franchisee continues to remain personally
liable for the new franchisee, under the same
terms as contained in the original master
franchisee’s agreement.
The master franchisee
must pay all debts of his/her business.
The master franchisee
and subsequent franchisees have the obligation
to purchase all food products and ingredients
as stipulated in the agreement and equipment from
sources approved in writing by the master
franchisor.
The master franchisee
acknowledges his/her responsibility to carry on
business in a reputable and businesslike manner
consistent with the standards and requirements
of the franchise.
|