Transcription of FRANCHISE AGREEMENT
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FRANCHISE AGREEMENT Page i | initials FRANCHISE AGREEMENT .. 1 Article 1 - License And System .. 2 Grant Of License..2 Location And Territory..2 Licensed Business..3 System And Marks..3 Manual..4 Article 2 - FRANCHISE Fees And Advertising .. 4 Initial Fee..4 Royalties..4 National Marketing Fee..4 Management Assistance..5 Gross Revenues..5 Local and Cooperative Marketing..5 Grand Opening..5 Rebates, Discounts and Allowances..6 Article 3 - Reports And Audits .. 6 Records And Reports..6 Failure to Report..6 Audits And Inspections..6 Contact With Others..7 Article 4 - Training .. 7 Initial Training..7 Manager Training..7 Employee Training..7 Subsequent Training..7 Training Materials..7 No Warranty of Success..8 Article 5 - Trade Secrets And Confidentiality.
1.01.01 Subject to the terms and conditions of this Agreement, Franchisor grants to Franchisee a non-exclusive license to operate one (1) office using the System and Marks for a period of five (5) years from and after the Effective Date of this Agreement, said office to be located only at the location specified in Exhibit A hereto, or at
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