# Franchise Agreement
**This Franchise Agreement ("Agreement") is made and entered into as of [Date], by and between:**
**Franchisor:**
[Franchisor's Name]
[Franchisor's Address]
[City, State, Zip Code]
(Hereinafter referred to as "Franchisor")
**Franchisee:**
[Franchisee's Name]
[Franchisee's Address]
[City, State, Zip Code]
(Hereinafter referred to as "Franchisee")
### RECITALS
WHEREAS, Franchisor is the owner of the trademark, service marks, trade name, and business system associated with [Franchise Name] (the "Franchised Business");
WHEREAS, Franchisee desires to establish a [Franchise Name] business at [Location Address] (the "Franchised Location") and to operate under the Franchisor's business system and trademarks.
NOW, THEREFORE, in consideration of the mutual promises and covenants herein contained, the parties agree as follows:
### 1. GRANT OF FRANCHISE
#### 1.1 Franchise Grant
Franchisor hereby grants to Franchisee, and Franchisee accepts, a non-exclusive, non-transferable license to operate a [Franchise Name] business at the Franchised Location in accordance with the terms and conditions set forth in this Agreement.
#### 1.2 Franchise Term
The term of this Agreement shall begin on the date hereof and shall continue for a period of [Number] years, unless terminated earlier as provided herein.
### 2. FRANCHISEE'S OBLIGATIONS
#### 2.1 Initial Franchise Fee
Franchisee shall pay an initial franchise fee of [Amount] upon execution of this Agreement.
#### 2.2 Royalties
Franchisee agrees to pay Franchisor a monthly royalty fee of [Percentage]% of gross sales, payable on or before the [Day] of each month.
#### 2.3 Compliance with Standards
Franchisee agrees to operate the Franchised Business in strict compliance with Franchisor's operational manuals and guidelines.
### 3. FRANCHISOR'S OBLIGATIONS
#### 3.1 Support and Training
Franchisor shall provide initial training to Franchisee and ongoing support as deemed necessary, including but not limited to marketing materials, and operational guidance.
#### 3.2 Intellectual Property
Franchisor grants Franchisee the right to use the Franchisor’s trademarks, service marks, and logos as permitted by Franchisor in accordance with the terms of this Agreement.
### 4. TERM AND TERMINATION
#### 4.1 Termination
This Agreement may be terminated by either party under the following conditions:
- A material breach of any term of this Agreement unless such breach is remedied within [Number] days of written notice.
- Insolvency or bankruptcy of either party.
#### 4.2 Effect of Termination
Upon termination, Franchisee shall immediately cease using all Franchisor trademarks, and shall return all Franchisor's materials and property.
### 5. INDEMNIFICATION
Franchisee agrees to indemnify, defend, and hold Franchisor harmless from any claims, losses, damages, or liabilities arising out of Franchisee's operation of the Franchised Business.
### 6. MISCELLANEOUS
#### 6.1 Governing Law
This Agreement shall be governed by and construed in accordance with the laws of the state of [State].
#### 6.2 Entire Agreement
This Agreement constitutes the entire agreement between the parties and supersedes all prior agreements, understandings, and negotiations.
#### 6.3 Modification
No modification of this Agreement shall be effective unless in writing and signed by both parties.
### IN WITNESS WHEREOF, the parties have executed this Franchise Agreement as of the date first above written.
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**[Franchisor's Name]**
By: ____________________________
Name: [Name]
Title: [Title]
Date: [Date]
**[Franchisee's Name]**
By: ____________________________
Name: [Name]
Title: [Title]
Date: [Date]
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*Note: This template is for informational purposes only and does not constitute legal advice. It is advisable to consult with a qualified attorney before entering into any contractual agreements.*