THIS FRANCHISE AGREEMENT is made the day of 2010
BETWEEN: (xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx.(the Company)
AND: The Party described in Item 1 of the First
Schedule to this Agreement (the Franchisee)
AND: The
Party described in Item 12 of the First Schedule (the Guarantor)
BACKGROUND:
A. The
Company is lawfully entitled under license from YOUR COMPANY OR TRADEMARK
HOLDER COMPANY of YOUR COMPANY ADDRESS (the Licensor) to
commercialise a business system including, and concerning YOU INDUSTRY FOR
EXAMPLE " ABC SERVICE BUSINESS " (the System).
B. The
System is a franchise system under the Franchising Law and Specific Code (the Code).
C. Distinguishing
characteristics of the System include:
- the
registered business name "ABC BUSINESS";
- certain logos and trade marks for which
registration has and is being sought under the Trade Marks Act.
- Coaching
of franchisees;
- Operation
Manuals;
- distinctive
branding and identity bearing the "ABC " logo;
- Confidential
Information and intellectual property.
