Legal Contracts Software Generator - Legal Contract Agreement Template for Franchise Agreement

# Franchise Agreement **This Franchise Agreement ("Agreement") is made and entered into as of [Date], by and between:** **Franchisor:** [Franchisor Name] [Franchisor Address] [City, State, Zip code] [Phone Number] [Email Address] **Franchisee:** [Franchisee Name] [Franchisee Address] [City, State, Zip code] [Phone Number] [Email Address] **1. Grant of Franchise** The Franchisor hereby grants to the Franchisee the right to operate a franchise under the name “[Franchise Name]” (the "Franchise") in accordance with the terms of this Agreement. **2. Term** The term of this Agreement shall commence on the date first above written and shall continue for a period of [Number] years, unless terminated earlier in accordance with the provisions herein. **3. Franchise Fee** The Franchisee agrees to pay a non-refundable franchise fee of [Amount] upon execution of this Agreement. This fee covers the initial rights and training as specified herein. **4. Royalties** The Franchisee agrees to pay the Franchisor a royalty fee equal to [Percentage]% of the gross sales of the Franchise on a [Weekly/Monthly/Annual] basis. **5. Marketing and Advertising** The Franchisee shall contribute [Percentage]% of its gross revenue to a marketing fund created by the Franchisor for national and regional advertising. **6. Training** The Franchisor shall provide initial training to the Franchisee as per [Training Schedule/Details]. The Franchisee is responsible for any travel and lodging expenses incurred during the training period. **7. Obligations of the Franchisee** The Franchisee agrees to operate the Franchise in accordance with the Franchisor’s standards and guidelines. This includes: - Following the operational manuals provided by the Franchisor. - Maintaining the quality and service standards of the Franchise. - Attending all required training sessions. **8. Termination** Either party may terminate this Agreement upon a written notice of [Number] days if the other party fails to comply with the terms set forth herein. Additionally, the Franchisor may terminate this Agreement immediately upon any breach of the Franchisee’s obligations. **9. Post-Termination Obligations** Upon termination or expiration of this Agreement, the Franchisee agrees to: - Cease the use of the Franchisor’s trademarks and trade names. - Return all proprietary materials belonging to the Franchisor. - Not compete against the Franchisor for a period of [Number] years within [Geographic Area]. **10. Confidentiality** The Franchisee agrees to keep all proprietary information and trade secrets belonging to the Franchisor confidential and not to disclose such information to any third party without the Franchisor's prior written consent. **11. Governing Law** This Agreement shall be governed by and construed in accordance with the laws of the State of [State]. **12. Entire Agreement** This Agreement contains the entire understanding of the parties with respect to the subject matter hereof and supersedes all prior agreements, whether written or oral. **IN WITNESS WHEREOF, the parties have executed this Franchise Agreement as of the date first above written.** **Franchisor:** [Signature] [Printed Name] [Title] **Franchisee:** [Signature] [Printed Name] [Title] --- **Note:** This document is a sample template and should be tailored to meet the specific legal requirements and circumstances of the parties involved. It is advisable to consult with a qualified attorney before finalizing any legal agreements.