DIY Legal Forms

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Franchise Termination Procedures

The franchiser ______________________, and the franchisee ____________________, as set forth in their franchise agreement on the ____________ day of _____________ 20 __, and as witnessed by ___________________, have agreed to the following additional terms and conditions:

Upon termination of contractual agreement the franchisee will perform the following:

A. Stop conducting business immediately at

B. Stop the use of the following trademarks or logos:

1._______________________

2. ______________________

3. ______________________

4._______________________

C. Telephone numbers for the franchisee must be transferred to the franchiser or to ______________, or canceled immediately.

D. All the following materials must be returned to franchiser immediately:

E. Any and all contracts relative to franchise must be provided to the franchiser immediately.

If the franchisee does not comply with terms and conditions of termination immediately (he or she) will allow the power of attorney to execute all necessary acts to complete termination process.

Date: ________.

____________________________

Franchiser

____________________________

Franchisee

____________________________

Witness

____________________________

Witness

*** If Required By State Law ***

This Section for Notary:

ACKNOWLEDGMENT

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.

Signature ________
Notary

My commission expires: _____

(Seal)