This document outlines a comprehensive Franchise Agreement, detailing the terms and conditions between a franchisor and a franchisee. It covers crucial aspects such as the agreement term, revenue sharing (including a 25% royalty on net profits), and various liabilities including tortious and vicarious liability. The agreement also addresses the protection of intellectual property rights, consumer protection, and labour law considerations. It specifies grounds for termination, governing law (Indian Contract Act, 1872), and includes clauses for force majeure and notice periods. This template is ideal for businesses looking to establish or enter into a franchise relationship.
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