Sublicense to Use Business Marks in Fast Food Franchise

Grant a franchisee the right to use a franchisor's logos and trade marks in running its fast food franchise under this Sub-license Agreement.

• The sublicensor has the right to cancel the Agreement and shut down the franchise outlet on written notice to the new franchisee (as sublicensee), if gross sales targets are not met.
• The franchisee must purchase product and supplies from suppliers approved by the franchisor.
• The franchisee must maintain the premises up to the standards required by the franchisor.
• The franchisor has the right to enter and inspect the premises and operations.
• The franchisee must make monthly sales reports and provide financial and accounting information regularly.
• This legal contract template is available in MS Word format and is fully customizable.