Franchise agreement—exclusive
Produced in partnership with Fieldfisher LLP
Franchise agreement—exclusive

The following Commercial precedent produced in partnership with Fieldfisher LLP provides comprehensive and up to date legal information covering:

  • Franchise agreement—exclusive
  • background:
  • 1 Definitions and interpretation
  • 2 Appointment
  • 3 Term
  • 4 Fees
  • 5 Initial obligations
  • 6 Annual sales targets
  • 7 Supply of products
  • 8 Premises
  • More...

IP COMPLETION DAY: 11pm (GMT) on 31 December 2020 marks the end of the Brexit transition/implementation period entered into following the UK’s withdrawal from the EU. At this point in time (referred to in UK law as ‘IP completion day’), key transitional arrangements come to an end and significant changes begin to take effect across the UK’s legal regime. This document contains guidance on subjects impacted by these changes. Before continuing your research, see Practice Note: What does IP completion day mean for Commercial?

DRAFTING FOR BREXIT: For the latest information on the impact of Brexit on the drafting, negotiation and enforceability of this Precedent, see Practice Notes: Brexit—drafting boilerplate clauses [Archived] and Brexit—drafting commercial clauses.

This DEED OF Agreement is made [insert date] 20[insert year]

Parties

  1. 1

    [insert name] [of] [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] [incorporated in [England and Wales] under number [insert company number] whose registered office is at] [insert address] (the Franchisee);

(each a Party and together the Parties).

background:

    1. (A)

      The Franchisor has developed the Method and the Business.

    1. (B)

      The Franchisor [has applied to register OR is the registered proprietor of OR owns OR has the right to sub-license] the Trade Marks.

    1. (C)

      The Franchisor wishes to appoint the Franchisee to run the Franchise Business in the

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