Food Franchise Agreement Sample India

Also known as a franchise agreement, the franchise agreement is a legally binding document that is used as an agreement between the franchisee (franchisor) and the franchisee, in which certain conditions are agreed to allow the franchisee to use the franchisee`s business model to start its own business based on this model. (vii) Use only ingredients, products, consumables, equipment and equipment that comply with the standards and specifications specified by the franchisee in the operations manual or elsewhere. From time to time, the franchisee may designate authorized suppliers, including the franchisee or its affiliates, whose listed products or services are considered to meet the franchisee`s standards. Unless otherwise requested by the franchisee or where the franchisee designates an exclusive designated supplier, the franchisee may obtain supplies from any available source provided that such products, consumables, furniture and equipment comply with the standards and specifications set by the franchisee. If the franchisee designates himself as a supplier, the franchisee has the right to obtain a profit from the items he provides. The franchisor and its associates may receive payments, discounts or other consideration from suppliers in return for such suppliers` transactions with the franchisee and/or Mama Fu`s franchisee system and use without restriction all amounts it receives. The franchisor is not required to give the franchisee a payment invoice from the suppliers or to share the benefit of the suppliers` payments with the franchisee or other Mama Fu franchisees. . . .