Franchise Agreement
/ˈfræn.tʃaɪz əˌɡriː.mənt/
Definitions
- (n.) A written contract whereby the franchisor grants the franchisee the right to operate a business under the franchisor's trademark and system, typically including terms on fees, obligations, and territorial rights.
The parties signed the franchise agreement to allow the franchisee to sell the franchisor's products in a designated area.
Forms
- franchise agreements
Related terms
Commentary
A franchise agreement is a specialized commercial contract that requires clear terms regarding rights and duties to avoid disputes over trademark and territorial scope.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.