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Contracts Between Franchisees & Subfranchisees
The franchiser, ________________, and the franchisee, _________, as set forth in their franchise agreement on ___________ and as witnessed by ______________, have agreed to the following additional terms and conditions:
Any and all contracts or agreements of: ________________ with any sub-franchisees will be subject to terms of agreement made between the franchiser and the franchisee. Any and every such agreement shall be delivered to the franchiser by the franchisee in its entirety. Franchiser reserves the right to terminate this and any agreements between sub-franchisees and franchisee.
*** If Required By State Law ***
This Section for Notary:
State of _________
County of ________ [COUNTY]
On [DATE] before me, [NAME OF NOTARY], notary, personally appeared [NAME OF PERSON(S) INVOLVED], personally known to me (or proved to me on the basis of satisfactory evidence) to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument.
Witness my hand and official seal.
My commission expires: _____