A college franchise agreement is a kind of a legal document which is made between two parties known as the OWNER and the FRANCHISEE. This document is necessary in the case where an owner of a group or branches of a college decides to franchise one of its branches to a second party on the basis of a few terms and conditions.
Sample College Franchise Agreement
This agreement has been made effective on 28’Th Dec, 2010 and is signed between OWNER and FRANCHISEE.
Name: Mr. Yen D’ Souza
OWNER runs 12 colleges in and around London by the name of Best Education and wishes to franchise it to the FRANCHISEE for a period of 12 months.
Name: Mr. Richard Mark
Contact number: 479438409384
Terms and conditions:
This agreement entitles the Franchisee to run the Best Education college branch situated at 12-G, hill road, London for a period of 12 months.
The owner agrees to give the franchise college and its duties to the franchisee on the condition that the college is run on the principles and policies predefined.
The franchisee shall do his best to maintain the reputation associated with this college name and work towards it overall development.
The terms of this agreement are legally binding for both the involved parties.