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Master Development Agreement

Master Development Agreement

Sh 150,000

Notes:

  1. This precedent is intended to act as a guide in drafting a Master Development Agreement. It may be modified or amended as need may be.
  2. This template is applicable where a franchisor has developed a product and service for a branded business, and Master Franchise Holder wishes to acquire from the Franchisor the right to operate and develop the Branded Business.
SKU: COR/INV/AGR/48 Category:

Description

Table of Content

  1. Interpretation
  2. Licence
  3. Fees
  4. Development
  5. Franchisor’s obligations 10
  6. Master Franchise Holder’s obligations
  7. Manual and franchise agreement
  8. Confidentiality obligation
  9. Accounting records
  10. Compliance with laws and policies
  11. Anti-bribery compliance
  12. Insurance
  13. Premises
  14. Advertising and promotions
  15. Intellectual Property
  16. Improvements
  17. Franchisor’s right to communicate with franchisees
  18. Sale of Busines
  19. Death or incapacity of Individuas
  20. Termination
  21. Consequences of termination
  22. Indemnity
  23. Guarantee
  24. Acknowledgement by master franchise holder
  25. No warranties without authority
  26. Reservation of rights
  27. Assignment
  28. Conflict
  29. Payments
  30. Limitation of liability
  31. General
  32. Expert determination

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