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Restrictive Covenant Agreement for Franchise
Set some restrictions on your franchisees with respect to the operation of the franchise with this Restrictive Covenant Agreement.
- The franchisee agrees not to compete with the franchisor within the territory for a specified period of time.
- The franchisee has a fiduciary duty to the franchisor.
- Confidentiality provisions to protect the franchisor's trade secrets and proprietary information.
- This is a generic legal form (not country specific).
- Easy to customize to fit your business model.
$17.99
Franchise Area Development Agreement | USA
Regional franchisors within the U.S. can sign up a new area developer in a designated territory with this customizable Franchise Area Development Agreement.
- The area developer is an independent contractor, whose main responsibility is to establish franchises on behalf of the master franchisor within the assigned territory.
- The regional franchisor grants the area developer a license to use the master franchisor's systems and marks within the development area for the purpose of developing new franchises.
- Payment of a non-refundable area development fee is required, based on the number of franchise locations.
- The area developer must enter into a franchise agreement for each franchised business established within the development area. The developer is responsible for locating and securing acceptable sites for each business.
- The area developer agrees not to compete with the business of the master franchisor during the term of the Agreement and for two years afterward.
- The regional franchisor is granted a right of first refusal if the area developer wishes to sell all or part of its assets and business.
- Available as a downloadable MS Word template. Fully editable.
- Intended to be used only within the United States.
$34.99