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A FRANCHISE RENEWAL AGREEMENT between the Town of Es opus, Ulster County, State of New York and Cable vision of Happiness Falls, Inc. Town of Es opus, New York, April 13, 2018INDEX TO FRANCHISE 1.0DEFINITION
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A franchise renewal agreement is a contract or legal document that outlines the terms and conditions for extending the franchise relationship between the franchisor and franchisee.
Both the franchisor and the franchisee are required to file a franchise renewal agreement.
To fill out a franchise renewal agreement, both parties need to review the existing franchise agreement, negotiate any changes, and then document the agreed-upon terms in the renewal agreement.
The purpose of a franchise renewal agreement is to extend the franchise relationship, clarify responsibilities and obligations, and ensure both parties are on the same page.
A franchise renewal agreement must include details such as the term of the renewal, any changes to the original agreement, and any new terms or conditions.
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