This Deed is made on [insert day and month] 20[insert year]

Parties

1. 1

   [Insert name of franchisor party to the Franchise Agreement being terminated] incorporated in [England and Wales] under number [insert company number] whose Registered office is at [insert address] (the Franchisor); and

1. 2

   [Insert name of Franchisee party to the franchise agreement being terminated] incorporated in [England and Wales] under number [insert company number] whose registered office is at [insert address] (the Franchisee)

   (each of the Franchisor and the Franchisee are a Party to this Deed, and together are the Parties).

RecitalS

1. 1. (A)

      Each of the Franchisor and the Franchisee are parties to the Franchise Agreement.

   1. (B)

      The Parties have now agreed to terminate the Franchise Agreement on the terms and conditions contained in this Deed.

The parties agree:

1. 1. 1

      Definitions and interpretation

      1. 1.1

         In