Trademark Franchise Agreement
Trademark Franchise Agreement
AND
Mr. Maran, S/o Mr. Vetri, 19, Renganagar, Trichy- 620021, hereinafter
called the “FRANCHISEE” (which term shall mean and include all his
legal heirs executors, representatives, assigns etc.) of the OTHER PART.
WHEREAS the franchisor is a company dealing with objectives of
conducting business of food chain having its outlets throughout the country.
These food chains are operated thorough franchise model. Over the years
after inception the franchisor after substantial expenditure of time, effort
and money has established a system of developing, opening, operaring and
promoting casual restaurant offering barbeque dishes and cuisine related
services under the name of CREAM AND BARBEQUE.
GRANT OF FRANCHISE
LOCATION
(i) Only use the Marks designated by Franchisor, and only in the
manner authorized and permitted by Franchisor. Franchisee's right to use
the Marks is limited to such uses as are authorized under this Agreement,
and any unauthorized use thereof shall constitute an infringement of
Franchisor's rights.
(ii) Only use the Marks for the operation of the Restaurant and only at
the Franchised Site, or in advertising for the business conducted at or from
the Franchised Site. Franchisee may not use any of the Marks in any part of
any domain name or electronic address.
(iii) Operate and advertise the Restaurant only under the name "CREAM
AND BARBEQUE" or such other Marks as Franchisor may designate from
time to time without prefix or suffix, except to describe the location of the
Restaurant.
(iv) If Franchisee is a corporation, limited liability company, partnership
or other type of entity, not use any of the Marks, including, without
limitation, the name "CREAM AND BARBEQUE" in its corporate or other
legal name without the prior express written consent of Franchisor.
(v) Not permit the use of any trade names, trademarks or service marks
at the Restaurant or the Franchised Site other than the Marks.
OPERATIONS
TRAINING
CONFIDENTIALITY
ADVERTISEMENT
NON COMPETITION
THAT neither the Franchisee nor its employees during the term of
franchise will carry on any other business in hospitality sector.
TERMINATION
SALE OR TRANSFER
THAT each party shall bear and pay its own cost of the arbitration
proceedings unless the Arbitrator otherwise decides in the Award.
THAT the provisions of this Clause shall not be frustrated,
abrogated or become inoperative, notwithstanding this Agreement expires
or ceases to exist or is terminated or revoked or declared unlawful.
LIMITATION PERIOD
IN WITNESS WHEREOF, the parties have set their respective hands and
seals on the day, month and year first above written in the presence of
following witnesses.
Sd/-xxxxxxx
Sd/-yyyyyyy
By Mr. Maran
Witnesses-
A Sd/-
B Sd/-
C Sd/-
EXHIBIT A