Franchise Agreement
October 15, 2022 | Author: Anonymous | Category: N/A
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FRANCHISE AGREEMENT SO THE PUBLIC MAY KNOW: This FRANCHISE FRANCHISE AGREEMENT AGREEMENT (Agreemen! (Agreemen! is signe" his N#$em%er &' )** in +,e-#n Ci. %e/een: GENER ENERO OUS AN0 1O 1OY YOUS OUS 2ENTUR NTURE ES' IN INC3 C3'' 4 "#me "#mes si5 5#r6 5#r6#r #r4 4i# i#n n #r #rg4 g4ni ni-e -e" " 4n" 4n" e7is e7isi ing ng ,n"e ,n"err Phi8 Phi8i6 i66i 6ine nes s 84/s 84/s'' /i /ih h 6rin5i648 #95e 4 ) S5#, T,4-#n S3' +,e-#n Ci. re6resene" here %. is Chie; O6er4i#n O95er' Mr3 Gi8%er C3 1im herein4;er re;erre" # 4s he ?4n"? AWESOMICITY 2ENTURES' INC3' 4 "#mesi5 5#r6#r4i#n #rg4ni-e" 4n" e7ising ,n"er Phi8i66ine 84/s' /ih 6rin5i648 #95e 4 n" F8##r 1esn#r B,i8"ing' Oe@ S3' 5#r3 C4rin# S3' B4g,i# Ci. re6resene" here %. is Presi"en Mr3 R#"eri5@ R#n"e- re;erre" here# 4s he WITNESSETH h4? WHEREAS' WHERE AS' FRANC FRANCHIS HISOR OR h#8"s h#8"s he e758, e758,si si$e $e ;r4n5h ;r4n5hise ise 4,h#r 4,h#ri. i. #; BUBBATEALICIOUS 6,rs,4n # 4 Mem#r4n",m #; Agreemen (MOA! e7e5,e" %e/een i 4n" 6r#6rie#r' 6r#6rie#r' Gi8%er Gi8%er 1im' he #/ner #; he r4"em4r@> r4"em4r@> WHEREA WHER EAS' S' h he e FRAN FRANCH CHIS ISEE EE /i /ish shes es # es es4 4%8 %8is ish h 4 ;# ;##" #" %,si %,sine ness ss eng4ge" in he 6re64r4i#n 4n" se88ing #; Pe4r8 Mi8@ Te4 4n" #her re84e" ;##" 6r#",5s in 5#n;#rmi. /ih FRANCHISORS 6re64r4i#n 6r#5e",res 4n" %,sine %,s iness ss meh#"s' meh#"s' 4n" %ene %ene ;r ;r#m #m h he e 6,%8i 6,%8i5 5 g##"/i g##"/i88 88 inheren inheren in is r4"em4r@> WHEREAS' he inii48 ;ees h4 4re es4%8ishe" 4n" im6#se" in Se5i#n F#,r #,ree een n (* (*! ! #; h his is Agr Agreeme eemen n 5#ns 5#nsi i, ,e e h he e s# s#8e 8e 5#ns 5#nsi" i"er er4 4i# i#n n # FRANCHISOR ;#r e768#i4i#n #; is r4"em4r@ 4n" s.sem3 The resri5i#ns 4n" 4n " 5#n 5#nrr#8s #8s #n FRAN FRANCH CHIS ISOR ORS S #6er #6er4 4i# i#n n 4n" 4n" 45 45D, D,is isi ii# i#n n #; s, s,66 668i 8ies es es4%8ishe" here 4re inen"e" s#8e8. # 6r#e5 is righs # is r4"em4r@ 4n" # "is5h4rge is #%8ig4i#n # #her FRANCHISEEs # m4in4in 4 high 8e$e8 #; D,48i. #; r4"em4r@ 6r#",5s> NOW' THEREFORE' ;#r 4n" in 5#nsi"er4i#n #; he ;#reg#ing 6remises 4n" he m,,48 m,,48 5#$en4ns 5#$en4ns 4n" si6,84 si6,84i#ns i#ns s4e" here,n"e here,n"er' r' he 64ries 64ries here# here%. 4gree 4s ;#88#/s> SECTION ONE LICENSE OF TRADEMARK
FRANCHIS FRANC HISOR OR 8i5 8i5ens enses es 4n" gr4ns gr4ns FRANC FRANCHIS HISEE EE he righ righ # se88 se88 6re64 6re64re re" " e4 6r#",5s %e4ring he r4"em4r@
An. 4""ii#n #; 6ers#nne8 # he 6res5ri%e" m47im,m n,m%er #; r4inees #n he "4e #; he r4ining #r s,%seD,en here# sh488 %e s,%e5 # r4ining ;ees # %e 7e" %. he Fr4n5his#r3 FRANCHISOR /i88 8i@e/ise inii488. 6re?D,48i;. 5#re em68#.ees %e;#re r4ining3 A;er his inii48 r4ining' 488 #her 6re?D,48i;.ing 4n" r4ining #; em68#.ees sh488 h4$e 5#rres6#n"ing ;ees h4 FRANCHISOR /i88 i"eni;.3 The FRANCHISEE FRANCHISEE sh488 s,%mi # FRANCHISOR FRANCHISOR 4 488 imes he res,me%i#?"44 res,me%i#?"44 #; 488 ne/ s4 4668i54ns ;#r 6re?D,48i;.ing3 A88 em68#.ees # %e hire" sh#,8" h4$e he /rien 466r#$48 #; FRANCHISOR 4 488 ime3 A88 ne/8. hire" em68#.ees sh488 %e s,%e5 # 6ri#r r4ining 4s 466r#$e" %. FRANCHISOR3 The FRANCHISEE sh488 n# hire em68#.ees /h# h4$e /#r@e" ;#r FRANCHISOR FRANCHISOR in 4n. #; is ;r4n5hise" #,8es #r #her %,siness eng4gemens ,n8ess FRANCHISOR gi$es is 6ri#r /rien 5#nsen3 Rer4ining #; e7ising em68#.ees sh488 %e reD,ire" %. FRANCHISOR 4s nee"e" in #r"er # m4in4in is 6res5ri%e" s4n"4r" D,48i. #; ser$i5es3 In 54se m4#ri. #; he FRANCHI FR ANCHISEE SEEs s s4 reD,ir reD,ire e rer4in rer4ining ing ren"eri ren"ering ng he ;r4n5his ;r4n5hise" e" #,8e #,8e ,n4%8e ,n4%8e # #6er4e 455#r"ing # FRANCHISORs s4n"4r" #6er4i#ns' FRANCHISOR sh488 4@e? #$er he #,8e 4n" im6#se 4 m4n4gemen ;ee ,6#n he FRANCHISEE3 N#hin N# hing g in his his Se5i# Se5i#n n sh488 sh488 gi$e gi$e rise rise # 4n em68#. em68#.er er?em ?em68# 68#.ee .ee re84 re84i#n i#nsh shi6 i6 %e/een FRANCHISOR 4n" he FRANCHISEEs 6ers#nne83
SECTION SIX HIRING OF BOOKKEEPER
Pri#r # he #6ening #; he ;r4n5hise" %r4n5h' he FRANCHISEE sh488 em68#. #n 4 6erm4nen 4n"#r re4iner %4sis he ser$i5es #; 4 %##@@ee6er 4n" 4 5erie" 6,%8i5 455#,n4n ",ring he erm #; his Agreemen3 U6#n he FRANCHISEEs ;4i8,re # em68#. #n he "4e s6e5ie" herein' FRANCHISOR reser$es he righ # hire 4 %##@@ee6er ;#r he FRANCHISEE' in58,"ing 4 5erie" 6,%8i5 6,% 8i5 455#, 455#,n4 n4n n #n 4 re4i re4iner ner %4sis %4sis 4n" ,6#n ,6#n heir heir hi hirin ring' g' sh488 sh488 5h4rg 5h4rge e he FRANCHISEE he 5#rres6#n"ing ;ee n# m#re h4 PHP)'))) 6er m#nh %, n# 8ess h4 PHP')))3)) 6er m#nh ;#r ser$i5es ren"ere"3 SECTION SEVEN CONTINUING SUPERVISION AND ASSISTANCE
FRANCH FRAN CHIS ISOR OR sh sh48 4888 m4in m4in4 4in in 4 %#n4 %#n4 "e "e in ine erres es in h he e s, s,55 55es ess s #; h he e FRANCHI FR ANCHISEE SEEs s %,siness %,siness ",ring ",ring he erm erm #; his Agreemen Agreemen 4n" sh488' sh488' here;#r here;#re' e' 6r#$i"e he ;#88#/ing:
*3 Reg,8 eg,84r 4r re6#r e6#rs s #; im6r im6r#$ #$em emen en in %,si %,sine ness ss meh meh#" #"s s "e$e "e$e8# 8#6e 6e" " %. FRANCHISOR 4n" #her FRANCHISEES3 3 Assis4n Assis4n5e 5e # eh FRANCHIS FRANCHISEE EE in 684nning 684nning 8#548 8#548 4"$erisi 4"$erising ng 3 A 5#n 5#nin in, ,in ing g r4i r4ini ning ng 6r#g 6r#gr4 r4m m ;#r ;#r 5#m6 5#m6,8 ,8s# s#r. r. 4e 4en" n"4n 4n5e 5e %. he he em68#.ees #; he FRANCHISEE3 The 5#rres6#n"ing ;ees' 5#ss 4n" #her e76enses ;#r he r4ining sh488 %e ;#r he s#8e 455#,n #; he FRANCHISEE3 3 Peri eri#"i #"i5 5 e8" e8" sie $isis $isis33 An. in5i"e in5i"en4 n488 5# 5#s s s,5h 4s %, n# n# 8imie 8imie" " # r4ns r4 ns6#r 6#r4 4i#n i#n 5#s' 5#s' me48' me48' %#4r" %#4r" 4n" 8#"gin 8#"ging g h4 h4 /i88 /i88 %e in5,r in5,rre re" " %. FRAN FR ANCH CHIS ISOR OR ;# ;#rr 6eri 6eri#" #"i5 i5 e8" e8"s si i $isi $isis s sh sh48 4888 %e sh sh#, #,8" 8"er ere" e" %. h he e FRANCHISEE3
SECTION EIGHT PERSONAL ATTENTION OF FRANCHISEE
The FRANCHISEE FRANCHISEE sh488 5#nin,#,s8. 4n" 6ers#n488. 6ers#n488. m4n4ge his ,ni ;#r #ne (*! .e4r ;r#m ;r #m he #6enin #6ening g #; h he e ,ni ,ni ,n8es ,n8ess s 4 FRANC FRANCHIS HISEE EES S em68#. em68#.ee ee #r 4,h# 4,h#ri ri-e" -e" re6resen4i$e re6r esen4i$e is 455e6e" 4n" 466r#$e" %. FRANCHISOR FRANCHISOR 4s 4 s,i4%8e m4n4ger ;#r he FRANCHISEEs #6er4i#ns3 H#/e$er' in he e$en h4 he FRANCHISEE' ,6#n hree (! 6er;#rm4n5e 4,"i e$48,4i#n %. he FRANCHISOR' is ;#,n" # h4$e ;4i8e" in m4n4 m4n4gi ging ng h he e 54r 54r ;r ;r4n 4n5h 5his ise e 45 455# 5#r" r"in ing g # h he e FRAN FRANCH CHIS ISOR ORS S s s4n 4n"4 "4r" r"s s 6res5ri%e" 6res5r i%e" in his Agreemen' he FRANCHISEE FRANCHISEE sh488 %e reD,ire" # ,n"erg# 5e> ;r ;reD,en eD,en ins6e5i ins6e5i#n #n #; %,siness %,siness #6er4i# #6er4i#ns ns # ens,re ens,re 5#m68i4n 5#m68i4n5e 5e /ih 466r#$e" 466r#$e" meh#"s #; #6er4i#ns 4n"> he 6reser$4i#n #; #r"er in he 6remises3
SECTION NINE STANDARD OPERATIONS MANUAL
FRANCHISOR h4s 5re4e" 4 S4n"4r" FRANCHISOR S4n"4r" O6er4i#ns M4n,48 (re;erre" (re;erre" 4s he ,ni;#rmi. #; 6r#",5s s6e5i54i#ns' re5i6es 4n" 6re64r4i#n meh#"s' D,48i. 4n" 466e4r4n5e> 645@4ging> em68#.ees ,ni;#rm> 4n" ,ni;#rmi. #; ;45i8iies 4n" ser$i5e> FRANCHISOR sh488 h4$e he righ # 6eri#"i5488. ins6e5 he FRANCHISEE 4 4n. re4s#n4%8e ime # ens,re h4 is #6er4i#n 5#m68ies /ih he s4n"4r"s 4n" 6#8i5ies #; he s.sem3 The FRANCHISEE FRANCHISEE sh488 sh488 5#m68. /ih he enire enire FRANCHISORS FRANCHISORS s.sem 4n" #6er4i#ns m4n,48 in58,"ing %, n# 8imie" # he ;#88#/ing:
*3 P,r5h4se P,r5h4se #; s,668ies ;r#m FRANC FRANCHISORs HISORs 455re"ie" 455re"ie" s,668iers> 3 C#ns C#nsis ise en n8. 8. ;# ;#88 88#/ #/ h he e 6r 6res es5r 5ri% i%e" e" s s4n 4n"4 "4r" r"s s #; D,48 D,48i i.' .' se ser$ r$i5 i5e' e' 4n" 4n" 58e4n8iness 4s in"i54e" in he s4n"4r" ;r4n5hise %,siness s.sem #; he #6er4i#ns m4n,48> 3 C#m C#m68. 68. /ih 48 4888 FRAN FRANCHI CHISOR SOR im6#se" im6#se" %,sin %,siness ess 6#8i5ies 6#8i5ies'' 6r45 6r45i5e i5es s 4n" 6r#5e",res> 3 F#88#/ he s4n"4r" s4n"4r" 8##@ 8##@ 4n" "esign ;#r 488 ;r4n5hise" %r4n5hes> 3 N# # 48er' 48er' 5#n$er 5#n$er #r 4"" # he %r4n5h %r4n5h 84.?#, 84.?#, #r "esign "esign #r eD,i6m eD,i6men en /ih#, FRANCHISORs 6ri#r /rien 5#nsen> 3 Use #n8. he 466r#$e" 466r#$e" 645@4ging 645@4ging m4eri48s m4eri48s in he he s48e #; is 6r#",5s> 6r#",5s> J3 Rem#"e8' em#"e8' m#"erni-e m#"erni-e 4n" re"e5#r4e re"e5#r4e he 6remises' 6remises' ;,r ;,rni,r ni,re' e' ,i8i. %#7 4n" 4n " h he e 54r 54r # %r %rin ing g h he e %r %r4n 4n5h 5h ,6 # h he e 5,r 5,rren en FRAN FRANCH CHIS ISOR ORs s s4n"4r"s3 The FRANCHISEE sh488 re6845e /#rn?#, #r #%s#8ee eD,i6men' 7,r 7 ,res es 4n" signs> signs> re64i re64irr he e7er e7eri#r i#r 4n" ineri ineri#r #r #; he %r4n5h %r4n5h>> 4n" 6,rr5h4s 6, 5h4se e 4n" 4n" in ins s48 4888 ne/ #r m#"i m#"ie e" " eD,i eD,i6m 6men en #r 7, 7,rres3 es3 A88 A88 im6r#$emens sh488 %e ;#r he 455#,n #; he FRANCHISEE %, sh#,8" n# %e "#ne /ih FRANCHISORs 466r#$483 &3 We4r he 6res5ri%e" 6res5ri%e" ,ni;#rms ,ni;#rms ;#r ;#r he FRANCHISEEs FRANCHISEEs em68#.ees> 3 C#m6 C#m68. 8. /i /ih h 488 488 n4i n4i#n #n48 48 4n" 4n" 8#54 8#5488 84/s 84/s'' #r #r"i "in4 n4n5 n5es es 4n" 4n" reg,8 eg,84 4i# i#ns ns 4e5ing he #6er4i#n #; he %r4n5h> *)3Ens,re h4 488 ;r4n5hise" %r4n5h m4n4gemen 4n" s4 5#m68ee 4""ress 4n" 64ss he r4ining 6r#gr4ms 6r#$i"e" %. FRANCHISOR> **3M4in4in **3M4in 4in re4s# re4s#n4% n4%8e 8e s4n"4 s4n"4r" r"s s #; 5,s#m 5,s#mer er ser$i5 ser$i5e e in he ;r4n5 ;r4n5his hise" e" %r4n5h> *3A"here # he re4i8 6ri5es ;#r 488 6r#",5s> *3C#m68. /ih he re6#ring 4n" 4,"iing reD,iremens se %. FRANCHISOR> FRANCHISOR> 4n"' *3M4in4in *3M4in 4in 5#n"e 5#n"eni ni48i 48i. . #; 488 m4eri m4eri48s 48s 4n" in in;#r ;#rm4 m4i#n i#n #r "is58# "is58#s, s,re re re8e$4n # he re8e$4n # he #6er4i#n #; he ;r4n5hise" %r4n5h3 SECTION FOURTEEN INITIAL FEES AND FRANCHISE PACKAGE
Inii4 Ini i488 Fee3 In 5#ns 5#nsi" i"er er4 4i# i#n n #; h he e ;# ;#rreg#i eg#ing ng 8i5e 8i5ens nse e gr4n gr4n # ,s ,se e FRAN FR ANCH CHIS ISOR ORs s r r4" 4"em4 em4r@ r@'' h he e FRAN FRANCH CHIS ISEE EE sh sh48 4888 64. 64. 4n In Ini ii4 i488 Fee imme"i imm e"i4e 4e8. 8. 4; 4;er er he e7e5, e7e5,i# i#n n #; h his is 4greem 4greemen en33 This This ;ee is n#n? n#n? re;,n re;,n"4% "4%8e 8e 4n" 4n" is em%e"" em%e""e" e" in h he e ;r4n5h ;r4n5his ise e 645@4g 645@4ge e #ere #ere" " # h he e FRANCHISEE3 Fr4 r4n5 n5hi hise se P45 45@4 @4ge ge33 The The ;r ;r4n 4n5h 5his ise e 645@ 645@4g 4ge e is h he e # #4 488 4m#, 4m#,n n #; in$esmen nee"e" # #6er4e he ;r4n5hise" %,siness "es5ri%e in Anne7 B #; his Agreemen /hi5h is 445he" here# 4n" m4"e 4n inegr48 64r herre#; he e#;3 The The ;r ;r4n 4n5h 5his ise e 645@ 645@4g 4ge e sh sh48 4888 %e PHP PHP) )') '))) ))3) 3)) ) ne ne #; 4n. 4n. 4668i54%8e n4i#n48 #r 8#548 47es #r ;ees' i; 4n.3 Se5,ri. 0e6#si3 In 4""ii#n' he FRANCHISEE sh488 8i@e/ise remi he FRANCHISOR he 4m#,n #; PHP)')))3)) 4s se5,ri. "e6#si /ihin se$en (J! "4.s 6ri#r # he #6ening3 The "e6#si sh488 %e re,rne" /ih#, ineres # he FRANCHISEE ,6#n he e errmin4 min4i i#n #n #r e76i e76ir4 r4i i#n #n #; h his is AGRE AGREEM EMEN ENT' T' 8e 8ess ss 4n. 4n. 4m#, 4m#,n n ",e ",e # h he e FRANCHISOR ;#r ,n64i" s,668ies 4n" #her e76enses3 SECTION FIFTEEN LICENSES AND PERMITS
Wihin hir. ()! "4.s ;#rm his Agreemens e7e5,i#n "4e' he FRANCHISEE sh488 #%4in ;r#m 488 466r#6ri4e 8#548' regi#n48' #r n4i#n48 g#$ernmen #95e 488 4668i54%8e 466r#$48s' 6ermis' 4n" 8i5enses' /hi5h sh488 %e ne5ess4r. #r 4"$is4%8e # 5#ns,mm4e he r4ns45i#ns 6r#$i"e" in his Agreemen3
SECTION SIXTEEN TAXES AND INSURANCE
The FRANCHISEE sh488 %e 8i4%8e ;#r he 64.men #; 488 4668i54%8e 47 8i4%i8iies h4 m4. %e in5,rre" in he 5#,rse #; he im68emen4i#n #; his 4greemen3 The FRANCHISEE FRANCHISEE sh488 se5,re 48 he reD,ire" reD,ire" ins,r4n5e ins,r4n5e 5#$er4ge 4s m4. %e reD,ire" %. 4n. 8#548 #r n4i#n48 84/3 In 4""ii#n' he FRANCHISEE sh488 m4in4in h#,gh #, he ;r4n5hise erm' 4 is s#8e e76ense' 4n ins,r4n5e 4g4ins 488 .6es #; 8i4%i8iies3 S,5h ins,r4n5e sh488 %e se5,re" ;r#m 4 re6,4%8e 5#m64n. 455re"ie" %. FRANCHISOR /hi5h sh488 6r#$i"e s,95ien 5#$er4ge 4s reD,ire" %. he 84er' 4n" sh488 ins,re %#h 64ries 4s 6rim4r. %ene5i4ries # he e7en #; heir res6e5i$e iner in eres ess3 s3 FRANC FRANCHIS HISOR OR sh488 sh488 %e ;,rnis ;,rnishe" he" /ih /ih 5eri 5eri54 54es es #; s,5h s,5h ins,r4 ins,r4n5e n5e #geh #g eher er /ih /ih e$i"e e$i"en5e n5e sh#/in sh#/ing g 64.me 64.men n #; he 6remi 6remi,ms ,ms /ihin /ihin $e (! "4.s "4.s %e;#re he #6ening #; he ;r4n5hise" %r4n5h3 Is n#n?s,%missi#n sh488 me4n he FRAN FR ANCH CHIS ISEE EEs s ;4i8 ;4i8,r ,re e # se5, se5,rre he he 6r#6 6r#6er er in ins, s,r4 r4n5 n5e e h4 h4 /i88 /i88 4,h 4,h#r #rii-e e FRANCHISOR FRA NCHISOR in ,rn # #%4in he ne5ess4r. ins,r4n5e #n he FRANCHISEEs FRANCHISEEs %eh48;3 %eh48;3 In /hi5h 54se' he FRANCHISEE sh488 %e 8i4%8e # 64. FRANCHISOR 4n. 4n" 488 e76enses re84e" # he 6r#5,remen #; s,5h ins,r4n5e3
INSURANCE RENEWAL3 Thir. ()! "4.s %e;#re he e76ir4i#n #; he ins,r4n5e he FRANCHISEE sh488 rene/ he ins,r4n5e 4n" sh488 in;#rm FRANCHISOR in /riing h4 he 84er h4s rene/e" his ins,r4n5e 4n" sh488 s,%mi 6h##5#6. #; he ne/ ins,r4n5e 6#8i5. # FRANCHISOR3 Is n#n?s,%missi#n sh488 me4n ;4i8,re #n he FRANCHISEEs 64r # rene/ he ins,r4n5e 4n" /i88 4,h#ri-e FRANCHISOR # #%4in he ne5ess4r. ins,r4n5e #n is %eh48;3 In /hi5h 54se' he FRANCHISEE sh488 %e 8i4%8e # 64. FRANCHISOR 4n. 488 e76enses re84e" # he 6r#5,remen #; s,5h ins,r4n5e3 SECTION SEVENTEEN INDEMNITY OF FRANCHISOR
The FRANCHISEE FRANCHISEE sh488 n# h#8" FRANCHISOR FRANCHISOR ;ree 4n" h4rm8ess 4g4ins 4n. 488 584ims' 584i ms' 45i#ns' 45i#ns' 6r#5e"" 6r#5e""ings ings'' "4m4ges' "4m4ges' 4n" 8i4%i8i 8i4%i8iies' ies' in58,"in in58,"ing g 4#rne 4#rne.s .s ;ees' 4rising ;r#m #r 5#nne5e" /ih he #6er4i#n #; he ;r4n5hise" %r4n5h' in58,"ing 488 6ers#nne8?re84e" 6ers#nne8?r e84e" m4ers3 In he e$en h4 FRANCHISOR FRANCHISOR sh488 %e he8" 8i4%8e ;#r 4n. s,5h "4m4ge' he FRANCHISEE sh488 in"emni;. 4n" reim%,rse FRANCHISOR ;#r he ;,88 4m#,n #; s,5h 8i4%i8i.3
SECTION EIGHTEEN MARKETING SUPPORT FUND
The FRANCHISEE FRANCHISEE sh488 488#54e ;#r is 8#548 ,se' 4 8#548 %r4n5h m4r@eing m4r@eing ;,n" (LBMF! eD,i$48en # #ne 6er5en (*! #; gr#ss s48es 8ess 2AT3 S,%e5 # he /rien 466r#$48 #; FRANCHISOR' he ;,n" sh488 %e ,se" # 6r#m#e 4n" m4r@e he %r4n" 4n" 5#n",5 45i$iies h4 /i88 s#8e8. %ene he ;r4n5hise" %r4n5h3 An. im68emen 8#548 %r4n5h m4r@eing 45i$i. h4 is n# 5#mm,ni54e" in /riing 4 8e4s #ne m#nh 4he4" # FRANCHISOR #r ,n466r#$e" %. FRANCHISOR sh488 %e s,%e5 # 4 N#i5e # C,re re4men3
SECTION NINETEEN DESIGN AND APPEARANCE
FRANCHISOR sh488 h4$e he #6i#n # im68emen 5h4nges in he gener48 "esign 4n" FRANCHISOR 466e4r 466 e4r4n5 4n5e' e' 4s /e88 /e88 4s 6r#6r 6r#6rie ie. . m4r@s' m4r@s' #; h he e ;r4n5h ;r4n5hise ise" " %r4n5h %r4n5h # /hi5h /hi5h 48 4888 FRANC FR ANCHIS HISEEs EEs m,s m,s 5# 5#m68 m68. .3 The BUBBA BUBBATEA TEALIC LICIOU IOUS S CART CART is 5#nsi" 5#nsi"er ere" e" 4s 4 6r#6r 6r#6rie ie. . "esign "esign #; he FRANC FRANCHIS HISOR OR 4n" here here;#r ;#re e he FRAN FRANCHI CHISEE SEE sh488 sh488 %e reD,ire" # 488#54e 546i48 e76en"i,res in rem#"e8ingre;,r%ishing he ;r4n5hise" %r %r4n 4n5h 5h #n 4n 4nn, 4nn,48 48 %4si %4sis s # ree5 ee5 h he e h hen en 5,rr 5,rren en im4g im4ge e #r 8##@ 8##@ #; h he e BUBBATELICIOUS n4me 4n" m4r@3
SECTION TWENTY
ASSIGNMENT BY FRANCHISEE
S48e #r Assignmen3 FRANCHISOR h4s enere" in# he Fr4n5hise Agreemen ,6#n is re8i4n5e #; he FRANCHISEEs D,48i54i#ns 4n" is 5#mmimen # #6en 4n" #6er4e in SM B4g,i#? B,%%4e48i5i#,s ;r4n5hise ;r4n5hise %r4n5h 4n" he righs gr4ne" here # he 6ers#n48 # i3 heerFRANCHISEE m4. 4ssign 4ss ign FRANCHISEE #r #her/ #her/is ise e4re r4ns; r4 ns;er er 4n. righs rigC#nseD,en8.' hs gr4n gr4ne" e" ,n"er ,n" h his is Agreem Agreemen en n# #r se88' 4n. ineres in he ;r4n5hise gr4ne" %e;#re #6ening he ;r4n5hise" %r4n5h 4n" 4 4n. ime s,%seD,en # i' e75e6 4s m4. %e 4,h#ri-e" %. FRANCHISOR 4s e8se/here 6r#$i"e" here3 An. ,n4,h#ri-e" s48e' 4ssignmen #r r4ns;er sh488 n# %e %in"ing ,6#n he FRANCHISOR n#r sh488 i re8ie$e he FRANCHISEE #; is #%8ig4i#ns ,n"er his Agreemen 4n. #her re84e" 5#nr45s /ih FRANCHISOR S,%?Fr4n5hising3 The FRANCHISEE sh488 h4$e n# righ /h4s#e$er # s,%?;r4n5hise he ;r4n5hise gr4ne" here #r 4n. ineres in i3 Assignmen #; 4n ineres ,n"er his Agreemen # 4n in"i$i",48' 64rnershi6' 5#r6#r4i#n #r #her %,siness eni. sh488 %e "eeme" 4s s,%?;r4n5hising 4n" sh488 %e 5#nsi"ere" 4 m4eri48 %re45h /hi5h sh488 eni8e he FRANCHISOR' 4 is #6i#n' # ermin4e his Agreemen3 N#n?C#m6eii#n3 0,ring he ee5i$i. #; his Agreemen' he FRANCHISEE sh488 n#' /ih#, FRACNHISORs FRACNHISORs 6ri#r /rien 5#nsen' "ire58. #r in"ire58.' eng4ge in #r 45D,ir 45D ,ire e 4n. n4n5i n4n5i48 48 #r %ene %ene5i4 5i488 in iner eres es'' in in58, 58,"i "ing ng iner ineres es in 5#r6#r 5#r6#r4i 4i#ns #ns'' 64rne 64r ners rshi6 hi6s' s' #r r,ss r,ss'' ,nin5 ,nin5#r #r6#r 6#r4e 4e" " 4ss#5i 4ss#5i4i 4i#ns #ns 4n" #in #in $en,r $en,res es in' #r %e5#me 4 84n"8#r" ;#r' 4n. %,siness em68#.ing #r ,sing he 5#n5e6s 4n" re5#r" 58#se8. simi84r # he r4"en4me' m4r@ 4n" s.sem #; FRANCHISOR3 The FRANCHISEE FRANCHISEE sh488 sh488 n# eng4ge eng4ge in 4n %,siness %,siness #; 8i@e 8i@e @in"' ;#rm ;#rm 4n" s.8e #; FRANCHISOR /hi5h 6er4ins # 4n. es4%8ishmen h4 #ers # se88 # he 6,%8i5 he s4me ;##" 6r#",5 8ine #r ser$i5e #r /hi5h ,ses 4 simi84r 6h.si548 84.#,' im4ge' sign #r gr46hi5 6resen4i#n #; FRANCHISOR' 4s he 54se m4. %e' 4 4n. ime ",ring he erm #; his 4greemen 4n here .e4rs 4;er e76ir4i#n #; ermin4i#n here#; reg4r"8ess #; he n4me' #r m4nner ,n"er /hi5h he 6r#",5 8ine #r ser$i5e is s#8" #r s,5h 6h.si548 84.?#,' im4ge' sign #r gr46hi5 6resen4i#n ,se"3 I; he FRANCHISEE is 4 ,ri"i548 6ers#n' i ,n"er4@es n# # 5h4nge he n4,re #; he ,ri"i548 6ers#n' is %#4r" #; "ire5#rs' he sh4reh#8"ing sr,5,re' #r s5#6e #; is %,siness #6er4i#n3 Neiher sh488 i # g# in# 4n. merger' 5#ns#8i"4i#n' #r re? #rg4ni-4i#n' /hi5h m4. 4e5 he #6er4i#n #; he ;r4n5hise ,n"er his 4greemen /ih#, he 6ri#r /rien 5#nsen ;r#m FRANCHISOR3 CONFI0ENTIAL INFORMATION3 In $ie/ #; he 5#n"eni48 in;#rm4i#n gr4ne"' "is58#se" # 4n"#r 455esse" %. he FRANCHISEE %. $ir,e #; his 4greemen' he FRANCHISEE 5#$en4ns 4n" 4grees h4' in he e$en #; 4n. "e;4,8 ,n"er his 4greemen /hi5h sh488 res,8 in he ermin4i#n #; he FRANCHISEEs righs' 4n" ;#r 4 6eri#" #; hree (! .e4rs s,%seD,en # he "4e #; s,5h ermin4i#n re5@#ne" ;r#m he "4e #n /hi5h he FRANCHISEE re5ei$es n#i5e #; s,5h ermin4i#nQ' he
FRANCHISEE sh488 n#' "ire58. #r in"ire58.' eng4ge in 4n. %,siness' /heher 4s 4 s#8e 6r#6rie#r' s#5@h#8"er' 64rner #r #her 64ri5i64n' #r 6#ssess 4n. #/nershi6 ineres in 4n. s,5h %,siness em68#.ing #r ,sing he 5#n5e6s 4n" re5#r"s 58#se8. simi84r # FRANCHISORs r4"en4me' m4r@ 4n" s.sem3 IN0I2I0UAL MEMBERS BOUN03 I; he FRANCHISEE is 4 5#r6#r4i#n #r 64rnershi6' he 6r#$isi#ns #; his 4greemen sh488 %e %in"ing ,6#n 4n" en;#r5e4%8e 4g4ins e45h sh4reh#8"er #r gener48 4n" 8imie" 64rner #; he FRANCHISEE' 4s he 54se m4. %e3 SECTION TWENTY?ONE BUBBATEALICIOUS NAME AN0 MARK ACKNOWLE0GEMENT3 The FRANCHISEE 45@n#/8e"ges he FRANCHISOR is reD,ire" %. 84/ # 6re$en he ,n4,h#ri-e" ,se #; he 3 There #55,rs 4n. 4n. 5ir5,ms4n5es 5ir5,ms4n5es h4' h4' in he #6ini#n #; #; FRANCHISOR' FRANCHISOR' gi$es gi$es re4s#n4%8e gr#,n" ;#r he %e8ie; h4 he FRANCHISEE m4. n# %e 4%8e # 6er;#rminsr,mens> is 5#nr45,48 #%8ig4i#ns ,n"er his Agreemen #r 4n. #her re84e"
3 The FRANCH FRANCHISEE ISEEs s ins#8$en ins#8$en5. 5. #r %4n@r, %4n@r,65.> 65.> J3 The FRANCHISEEs FRANCHISEEs 5#n$i5i#n #; 4 5rime in$#8$ing in$#8$ing m#r48 m#r48 ,r6i,"e ,r6i,"e #r 4n. 5rime h4 m4. "4m4ge FRANCHISORs re6,4i#n> &3 The FRANCHSEE FRANCHSEE h4s h4s re5ei$e" re5ei$e" hree hree (! n#i5es n#i5es #; "e;4,8 "e;4,8 /ihin /ihin (*! .e4r .e4r 6eri#" irres6e5i$e #; /heher he "e;4,8s /ere 5,re" #; n#> 3 The FRANCHSEE FRANCHSEE r4ns;ers he ;r4n5hise ;r4n5hise /ih#, /ih#, FRANCHISORs FRANCHISORs 6ri#r /rien 466r#$48> *)3The *)3 The FRANCHSEE # remi remi ;r#m 64.mens #n he 4gree" iems #; #r ser$i5e 6,r5h4se";4i8s #r 45D,ire" FRANCHISOR #r 4n. erms #her ;#r s,668iers he FRANCHISEE s,668.ing g##"s #r ser$i5es h4 4re "ire58. re84e" # he ;r4n5hise" %,siness> **3I %e5#mes ,n84/;,8 #r $i#84i$e ;#r he FRANCHISEE FRANCHISEE # 6er;#rm 4n. #; is #%8ig4i#n> *3The FRANCHSEE iss,es 4n ,n;,n"e" 5he5@ 4s 64.men # FRANCHISOR signi;.ing %4" ;4ih ;#r 4 %,siness re84i#nshi6> *3The FRANCHSEE ;4i8 # 5#m68. /ih he reD,ire" g#$ernmen 6ermis ) "4.s ;r#m is #6ening "4e> *3The FRANCHSEE ;4i8s # #%4in #r rene/ he ins,r4n5e reD,ire" 4n" 6res5ri%e" %. FRANCHISOR 4n"> *3The FRANCHSEE ;4i8s # hires em68#.ee /h# h4s /#r@e" ;#r FRANCHISOR ;#r his %,siness eng4gemen (/heher ;r4n5hise" #,8e #r #her %,siness $en,res! /ih#, FRANCHIORS 6ri#r /rien 5#nsen> B3 In 54se 4n 4n e$en #; "e;4,8 sh488 sh488 #55,r ,n"er 4n. #ne #; he he ;#88#/ing 5ir5,ms4n5es 4n" he FRANCHISEE 5#nin,es # ;4i8 4n" re;,se # 5#rre5 #r 5,re s,5h e$en #r "e;4,8' FRANCHISOR FRANCHISOR sh488 h4$e he righ # 54n5e8 his Agreemens %. ser$ing /rien n#i5e #; s,5h ermin4i#n /ihin ) "4.s %e;#re he ee5i$e "4e #; ermin4i#n' ,n8ess s##ner 5,re" #r 5#rre5e" %. he FRANCHISEE /ihin he ) "4. 6eri#"' n4me8.: *3 F4i8,re # mee s4n"4r"s s4n"4r"s #n ,n@ee6 ,n@ee6 4n" m4inen4n5e #; he ;r4n5hise" ;r4n5hise" %r4n5h> 3 Eng4ges in ,n4,h#ri-e" ,n4,h#ri-e" %,siness #r se88s se88s ,n4,h#ri-e" ,n4,h#ri-e" 6r#",5s> 6r#",5s> 3 The FRANCHISEEs FRANCHISEEs ;4i8,re ;4i8,re # see@ 466r#$48 466r#$48 #; FRANCHISOR FRANCHISOR 4s reD,ire" reD,ire" %. his 4greemen> 3 The FRANCHISEE FRANCHISEE ;4i8s # 5#m68. 5#m68. /ih he 6r#$isi#ns 6r#$isi#ns #; #; he #6er4i#ns #6er4i#ns m4n,48> 3 The FRANCHISEE FRANCHISEE $i#84es 4n. 4n. erm #; 8e4se 4greemen /ih he 8ess#r 4n": 3 The FRANCHISEE FRANCHISEE $i#84es 4n. 4n. #her 4greemen /ih he he FRANCHISOE3 FRANCHISOE3 In 488 54ses n# 5#$ere" %. he 4%#$e?meni#ne" $i#84i#ns' he FRANCHISEE sh488 %e "e584re" in "e;4,8 i; he ;4i8s # 6er;#rm #r $i#84e 4n. #; he #her 6r#$isi#ns #; his 4greemen 4n" re84e" 4greemens3 Termin4i#n3 Termin4i#n3 U6#n ermin4i#n ermin4i#n 4n"#r e76ir4i#n #; #; his 4greemen' 4greemen' he FRANCHISOR FRANCHISOR sh488 %,. %45@ he BUBBATEALICIOUS C4r ;r#m FRANCHISEE in58,"ing 4n. #; is m4r@eing m4r@ein g 5#884er48s' m4eri48s' #%e5s %e4ring he FRANCHISOR n4me 4n" m4r@' 4n" 488 s,5h s.m%#8s i"eni;.ing FRANCHISOR ;#r he 4m#,n n# e75ee"ing PHP)')))3)) "e6en"ing #n he 5#n"ii#n #; he 54r3 FRANCHISEE sh488 48s# 4@e 45i#n # rem#$e' "esr#. m4"e 4n" "is6#se 6r#6er8. in 455#r"4n5e /ih 466r#6ri4e he re5#mmen"e" 6r#5e",resme4ns %.
FRANCHISOR 4n. 5#884er48s' m4eri48s' #%e5s %e4ring he FRANCHISOR FRANCHISOR n4me 4n" m4r@' 4n" 488 s,5h s.m%#8s i"eni;.ing FRANCHISOR' ;r#m he 6remises #; he %,i8"ing' in58,"ing 466r#6ri4e 48er4i#ns #; he %,i8"ing e7eri#r 4n" ineri#r 4n" he FRANCHISEE sh488 54n5e8 4n. 4"$erising re84e" # he FRANCHISEs ,se #; he FRANCHISOR n4me 4n" m4r@ /ihin h#,rs3 The FRANCHISEE sh488 re,rn 4n" "e8i$er # he he4" #95e #; FRANCHISOR in g##" /#r@ing 5#n"ii#n3
FAILURE3 I; THE FRANCHISEE ,6#n reD,es ;4i8s #r #mis # m4@e s,5h 5h4nges #r 54,ses hem # %e m4"e' FRANCHISOR FRANCHISOR sh488 h4$e he righ # ener he #her FRANCHISEE %r4n5h /ih#, %eing "eeme" g,i8. #; res64ssing #r 4n. #her ,n84/;,8 45' 4n" sh488 h4$e he righ # m4@e s,5h 5h4nges #r 54,se hem # %e m4"e %. FRANCHISEEs e76ense 4n" #; /hi5h e76ense he FRANCHISEE sh488 64. #n "em4n"3 The se5,ri. %#n" /i88 48s# %e 4,#m4i5488. ;#r;eie"' /ih#, 6re, 6re,"i5e "i5e # he FRANCHISORS righ # "em4n" 64.men ;#r 488 #her ,nse5,re" "4m4ges3 SECTION TWENTY?EIGHT FINAL PRO2ISIONS ENTIRE AGREEMENT: AMEN0MENT3 This Agreemen sh488 5#nsi,e he 64ries enire 4greemen#;/ih res6e5 # he s,%e5 4n"r4ns45i#n3 sh488 s,6erse"e 6ri#r e76ressi#n inen #r ,n"er4@ing /ihm4er res6e5here # his This 4n. 4greemen m4. %e 4men"e" #n8. %. 4n insr,men in /riing signe" %. he 64r. #r 64ries %#,n" #r %,r"ene" %. s,5h 4men"mens3 WAI2ER AN0 CUMULATI2E RIGHTS3 FRANCHISORs ;4i8,re #r "e84. # reD,ire 6er;#rm4n5e %. he FRANCHSEE #; 4n. 6r#$isi#ns #; his 4greemen sh488 n# 4e5 he ;#rmers righs # reD,ire s,5h 6r#$isi#ns ,n8ess 4n" ,ni8 s,5h 6er;#rm4n5e h4s %een ee5i$e8. /4i$e" %. FRANCHISOR in /riing3 F,rherm#re' e45h 4n" e$er. righ gr4ne" # eiher 64r. here #r ,n"er 4n. #her "#5,men #r insr,men "e8i$ere" ,n"er #r in 5#nne5i#n /ih he 4greemen' #r is gr4ne" # eiher 64r. ,n"er he 84/ #r in eD,i.' #r %. 4n. #her s,%seD,en 4greemen' sh488 %e 5,m,84i$e 4n" m4. %e e7er5ise" ;r#m ime # ime3 SEPARABILTY3 IF 4n. se5i#n' s,%se5i#n' 64r4gr46h' erm #r 6r#$isi#n #; his Agreemen is "eermine" # %e i88eg48' in$48i"' #r ,n5#nsi,i#n4 ,n5#nsi,i#n488 %. 4n. 5#,r #; 5#m6een ,ris"i5i#n #r %. 4n. g#$ernmen reg,84#r. 4,h#ri. h4$ing ,ris"i5i#n ,ris"i5 i#n #n hem' s,5h s,5h "eermin4i#n "eermin4i#n sh488 h4$e h4$e n# ee5 #n he he $48i"i. #; 4n. 4n. #her se5i#n' s,%se5i#n' 64r4gr46h' erm #r 6r#$isi#n #; his 4greemen' 488 #; /hi5h /i88 rem4in in ;,88 ;#r5e 4n" ee5 ;#r he erm #; he Agreemen3 NOTICES3 A88 n#i5es #r "em4n"s reD,ire" #r 6ermie" ,n"er his ;r4n5hise 4greemen sh488 %e in /riing 4n" sh488 %e "eeme" "e8i$ere" se$en (J! "4.s 4;er s,5h n#i5es #r "em4n"s 4re "e8i$ere" %. m4i8' re,rn re5ei6 reD,ese"' 4 he 4""ress 4s 6r#$i"e" in he inr#",5i#n #; his ;r4n5hise 4greemen #r # s,5h #her 4""ress 4s eiher 64r.' m4.' ;r#m ime # ime' "esign4e3 STATUS AN0 PARTIES3 The FRANCHISOR ;r4n5hise is n# inen"e" # 5re4e 4n" sh488 n# %e iner6ree" 4s 5re4ing 4 64rnershi6' 64rnershi6' #in $en,re' 4gen5.' em68#.men'
m4ser 4n" ser$4n #r simi84r re84i#nshi6 re84i#nshi6 %e/een he 64ries 4n" n# re6resen4i#n # he 5#nr4r. sh488 %e %in"ing ,6#n eiher 64r.3 BIN0ING EFFECT3 This ;r4n5hise 4greemen sh488 %e %in"ing ,6#n 4n" in,re # he %ene #; he 64ries 4n"' s,%e5 # he 6erinen 6r#$isi# 6r#$isi#ns ns #; his 5#nr45' heir res6e5i$e s,55ess#rs' 4ssigns' e7e5,#rs' heirs' 4n" 4,h#ri-e" 6ers#n48 re6resen4i$es3 SECTION TWENTY?NINE GO2ERNING LAWS The erms 4n" 6r#$isi#ns 6r#$isi#ns #; his 4greemen sh488 sh488 %e iner6ree" iner6ree" in 455#r"4n5e 455#r"4n5e /ih 4n" g#$erne" %. Phi8i66ine 84/s3 SECTION THIRTY A0MISSIONS THE FR FRANCHISEE ANCHISEE A0MITS A0MITS THAT THAT: *3 I h4s 5#n",5e" 4n in"e6en"en in"e6en"en in$esig4i#n reg4r"ing reg4r"ing he ;r4n5hise" %,siness> 3 N# re6resen4 re6resen4i#n i#n h4s %een m4"e %. FRANCHISOR FRANCHISOR 4s 4s # he ;,,re ;,,re 6r#4%i8i. #; he %r4n5h> 3 N# re;,n" re;,n" /i88 %e gi$en 64ri488. 64ri488. #r in /h#8e' in 4n. ;#rm ;#rm #r m4nner %. FRANCHISOR # he FRANCHISEE 6er4ining # he 4m#,n 64i" ;#r he Fr4n5hise 645@4ge /heher 64i" in /h#8e #r in 64r %. he FRANCHISEE reg4r"8ess #; he 84ers 6ers#n48 si,4i#n 4n" ;r4n5hise" %r4n5hs %,siness 5#n"ii#n> 3 Ins,r4n5e is 4 $i48 $i48 ne5essi. ;#r he ;r4n5hise" ;r4n5hise" %r4n5h 4n" sh488 m4in4in m4in4in s,5h hr#,gh#, he ;r4n5hise erm 4n"> 3 The FRANCHISEE FRANCHISEE re6resens re6resens h4 he h4s re5ei$es re5ei$es 4 5#6. 5#6. #; he 4greemen 4n" h4s h4" 4n #66#r,ni. # 5#ns,8 /ih his 4#rne. /ih res6e5 # i %e;#re is e7e5,i#n3 The erm #; his ;r4n5hise ;r4n5hise 4greemen 4greemen is ;#r hree hree (! .e4rs3 FRANCHISOR FRANCHISOR h4s m4"e g,4r4nee #r re6resen4i#ns 4s # he rene/48 #; his 4greemen #r gr4n #; 4 ne/ ;r4n5hise ,6#n e76ir4i#n3 SIGNE0 %. he 64ries #n he "4e /rien 4%#$e3
GENEROUS AND JOYOUS VENTURES, INC. Franchisor
FRANCHISEE
BY: MR3 GILBERT 1IM
MR3 RO0ERICK M3 RON0E
SIGNED IN THE PRESENCE OF:
______________________
______________________
ACKNOWLEDGMENT
REPUBLIC OF THE PHILIPPINES ) DONE IN THE CITY OF BAGUIO
) S.S.
BEFORE ME, thi BEFORE thiss ____ ____ day of ______ _________ ______ ____ _ in the ___ ______ _____ _____ ____, _, Philip Philippin pines, es, personally appeared the parties, who both presented to me their respective identifications, and whose identifications are written below their names, known to me to be the same parties who exected the fore!oin! docment, and who acknowled!ed that the same is their volntary act and deed"
#his instrment, consistin! consistin! of for $ % pa!es, incldin! the the pa!e where this acknowled!ment acknowled!ment is written, has been si!ned on the left mar!in of each and every pa!e thereof by the parties and their instrmental witnesses, and sealed with my notarial seal"
IN WITNESS WHEREOF, & herento set my hand and affixed my notarial seal on the day, year
and place above written"
'oc" (o" ___) Pa!e (o" ___) Book (o" ___) *eries of +-.
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