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ATTACHMENT 4 FRANCHISE AGREEMENT BETWEEN COUNTERPOINT ENERGY HOUSTON ELECTRIC, LLC AND THE CITY OF FREEPORT795This page left blank intentionally.796CenterPoint., Energy Georgeanna E. Nichols President
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How to fill out franchise agreement between

01
Read through the franchise agreement thoroughly to understand all its terms and conditions.
02
Identify each party involved in the agreement, such as the franchisor and the franchisee.
03
Clearly state the obligations and responsibilities of each party in the agreement.
04
Determine the duration of the franchise agreement, including any renewal options.
05
Specify the territorial rights and limitations of the franchisee.
06
Include any upfront fees or ongoing royalty payments required from the franchisee.
07
Outline any training and support provided by the franchisor to the franchisee.
08
Include any restrictions on the franchisee's ability to sell or transfer the franchise.
09
Address any dispute resolution mechanisms, such as arbitration or mediation.
10
Seek legal advice and review the agreement before signing to ensure compliance with laws and protection of rights.

Who needs franchise agreement between?

01
Franchise agreements are needed between franchisors (companies or individuals who own the franchise system) and franchisees (individuals or businesses who wish to operate a franchise).
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A franchise agreement is a legal contract between a franchisor and a franchisee that outlines the rights and responsibilities of both parties.
Typically, the franchisor is required to file the franchise agreement with relevant authorities, such as state or federal agencies.
To fill out a franchise agreement, both parties must provide their legal names, addresses, business details, and negotiate terms such as fees, duration, and support.
The purpose of a franchise agreement is to establish a legal framework for the franchise relationship, detailing how the franchise will operate and the obligations of each party.
Information that must be reported includes franchise fees, business operations, duration of the agreement, territory rights, and obligations for training and support.
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