Franchisee Agreement

Agreement deeds 12173 views 2 replies

Rachita

SElf

29 Points Joined December 2009

Dear,

If we are dealing into an Overseas Education Business and are interested in opening up Franchisee all over India then what would be the kind of Agreement deed if we need to include following things?

1> No fees

2> No monetary support from Head Office

3>Only revenue sharing in a specified percentage

4>All publicity by the Franchisee

5>Only training and coordination support from the Head office

I have a prepared format that has been made by me But I am ZERO at legal , So please help

Help!!!!!

Attached File : 3 franchisee agreement .doc downloaded: 140 times

Replies (2)

VUELVE

CA- Student

351 Points Joined February 2010

Even I wish to know the same, what Legal points are to be taken into consideration while entering into Franchisee Agreement ?

Rai Juris Legum

Managing Director

23 Points Joined October 2010

Ms. Rachita, in any agreement, the most imporant thing is the interest of both parties should be taken care. the agreement should not be one sided. Apart from that the agreement must not be against the existing law or it should not be of such a nature which is impossible to be executed. In any overseas Franchisee Agreement the knowledge of law of both country is a must as any wrong clause in agreement can make the agreement void.

N. Rai