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License Grant-Territory Protection
The franchiser ________________________, and the franchisee _______________________, as set forth in their franchise agreement on this ____________ day of _____________ 20 __, and as witnessed by _________________, have agreed to the following additional terms and conditions:
It is understood and agreed that for so long a time as this agreement shall be and remain in effect, no other or different person, firm, corporation, or other entity will be granted a franchise for selling the same product in the above-stated territory, except as set forth in this agreement.
*** 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: _____