This DEED OF Agreement is made [insert date] [insert year]Parties1[Insert name] [of OR incorporated in [England and Wales] under number [insert company number] whose registered office is at] [insert address] (the Franchisor); and2[Insert name] [of OR incorporated in [England and Wales] under number [insert company number] whose registered office is at] [insert address] (the Master Franchisee), each a party and together the parties.BACKGROUND(A)The Franchisor has developed the Method and the Business.(B)The Franchisor [has applied to register OR is the registered proprietor of OR owns OR has the right to sub-licence] the Trade Marks.(C)The Franchisor wishes to appoint the Master Franchisee to carry on the Master Franchise Business in the Territory, including the right to appoint Unit Franchisees to carry on the Business in the Territory.(D)The Master Franchisee wishes, and is able, to accept such appointment.the parties agree:1Definitions and interpretation1.1In this Agreement:[Adverse Change of Law•means the adoption, promulgation, modification or reinterpretation of any legal requirement by any Relevant Authority after the Effective Date which materially and adversely affects the Franchisor’s ability to enjoy the economic benefits of this Agreement