Ontario Security Agreement for Franchise

Franchise your business model for pizza and pasta restaurants to franchisees under the terms of this Franchise Agreement.

• This template is for Canada and makes references to Canadian franchise laws.
• The franchisee is granted exclusive rights to operate a franchise in the specified territory, using the trade marks and system developed by the franchisor or its subsidiaries.
• The franchisor will develop the restaurant premises on a turnkey basis for the franchisee, at the franchisee's expense.
• The Agreement contains provisions for both a turnkey and non-turnkey store opening.
• The franchisor will offer a pre-opening training program to the franchisee's employees and will continue to provide supervisory assistance, arrangements with suppliers, on-site training, and other operating assistance on an ongoing basis.
• The franchisor offers a group purchasing program to its franchisees which offers rebates and discounts on products and services, wherever available.
• The template includes a Guarantee and a Restaurant Sublease Agreement as schedules to the main Agreement.

This template franchise agreement was developed by a Canadian franchise consultant. Buy and download it for your franchisees.

Bad things happen when a franchisee can't meet its obligations. That's why you need to get your franchisees to sign this Guarantee and Indemnification.

• This is a Canadian legal form.
• A principal of the franchisee company guarantees the franchisee's obligations and payment of all amounts payable under the Franchise Agreement.
• The franchisee company indemnifies the franchisor against losses or claims arising as a result of any default on the part of the franchisee.
• The franchisee also acknowledges and agrees to be bound by its covenants as set out in the Franchise Agreement.

Requiring all franchisees to execute a Guarantee and Indemnification gives you legal recourse if a franchisee goes under or can't perform its obligations. You can download the form immediately after purchase.

Canadian franchisors, create a Restrictive Covenant and Confidentiality Undertaking for your franchisees with this template.