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Franchise Broker Agreement
"I need a Franchise Broker Agreement for my UK restaurant chain, appointing an exclusive broker to recruit franchisees in the North West of England, with a 10% commission structure and minimum performance requirements of 5 successful introductions per quarter starting March 2025."
1. Parties: Identification and details of the contracting parties
2. Background: Context and purpose of the agreement
3. Definitions: Key terms used throughout the agreement
4. Appointment and Territory: Scope of broker's appointment and territorial limits
5. Broker's Obligations: Core duties and responsibilities of the broker
6. Principal's Obligations: Duties and commitments of the franchisor
7. Commission Structure: Payment terms and calculation of broker's commission
8. Term and Termination: Duration and termination provisions
9. Confidentiality: Protection of confidential information
1. Non-Competition: Restrictions on competitive activities during and after the agreement term
2. Intellectual Property: Terms governing the use of franchisor's trademarks and proprietary materials
3. Training: Specific training requirements and provisions for broker's personnel
1. Commission Schedule: Detailed breakdown of commission calculations and payment structures
2. Territory Schedule: Detailed description of territorial boundaries and exclusivity terms
3. Required Documentation: List of mandatory documents and forms required for franchise sales process
4. Reporting Templates: Standard forms and templates for activity reporting and documentation
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