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The franchise contract consists of [url=http://www.jhftec.gov.cn/Review.asp?NewsID=8768]Air Sénégal International cloué au sol[/url] two main parts: 1) the purchase agreement and 2) the franchise or license agreement. For convenience, occasionally the franchise transaction is split into two stages. When this happens, some franchise companies have two contracts, one for each stage, rather than a single contract. While it isn t necessary to have two contracts, it can be the better method where there [url=http://www.sandvikfw.net/shopuk.php]hollister outlet sale[/url] is a comprehensive [url=http://www.rtnagel.com/airjordan.php]jordan pas cher[/url] equipment and initial services package.

The purchase agreement of the contract covers:
• the franchise package
• the price
• the services to be provided.

The franchise or license agreement covers:
• the rights granted to the franchisee
• the obligations undertaken by the franchisor
• the obligations imposed [url=http://php.uk800.com/discuzx/forum.php?mod=viewthread&tid=971534&pid=1176675&page=1&extra=page=1#pid1176675]nike air jordan pas cher Carrefour, la marque qui[/url] upon the franchisee
• trade restrictions imposed upon the franchisee
• assignment/death of franchisee
• termination provisions.

A brief explanation of each agreement follows.

PURCHASE AGREEMENT

1. The franchise package. Consists of an equipment or inventory list. This list must contain all the items the franchisee has been told to expect. Some franchise companies regard this list as being confidential and stipulate in the contract that it must be so treated.

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In part 2 we will be looking at the franchise or license agreement with a view to understanding what is contained within what could be some very complicated documents.