Franchise Assignment Agreement | USA

Assign your rights and obligations under a franchise agreement to a new franchisee with this Franchise Assignment Agreement for U.S. franchises.

  • The franchisor gives its written consent to the assignment, but this consent does not constitute a waiver of the requirement for written consent in any subsequent assignment.
  • The assignor and assignee jointly and severally agree to pay any outstanding amounts owing by the assignor to the franchisor.
  • If the assignor owns a majority of the shares of the assignee company, no transfer fee will be payable.
  • The file includes a Transfer of Shares, Confidentiality and Non-Competition Undertaking to be executed by the assignee.
  • This template is available in MS Word format and is fully editable to fit your specific circumstances.
  • Intended to be used only in the United States.
Document Type: Microsoft Word
Last Updated: 31-May-2024
SKU: 7195
$29.99