What should not be in a contract

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sadiksojib35
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Joined: Thu Jan 02, 2025 7:11 am

What should not be in a contract

Post by sadiksojib35 »

What should be in the contract
The contract must reflect what exactly the franchisee receives, in what volume and for what period. This will help, for example, to avoid a situation where, in the event of a conflict, it turns out that the franchisee "illegally" used access to the entire internal workings of the company.

It is also necessary to pay attention to the validity brazil whatsapp number data period of the trademark, which should be comparable with the term of the agreement, it is worth separately recording the obligation of the franchisor to extend it. In addition, it is necessary to clearly indicate in which territory the franchisee can use exclusive rights, how many points he can open and whether the opening of each point will need to be pre-coordinated with the franchisor.

It is necessary to check what format of the license the franchisor provides: it can be non-exclusive or exclusive. A non-exclusive license means that the company can sell the franchise to other players without even warning you about it, an exclusive license assumes exclusive cooperation. The format of the license should also be specified in the agreement, unless otherwise specified, then by default the license is considered non-exclusive.

If the franchisee acquires a non-exclusive franchise license, it is still worth stipulating in the agreement the provision of a service area or so-called “security radius”, within which other establishments under this brand cannot be opened.

Be sure to check that the rights to the trademark and intellectual property belong to the organization with which you are concluding the contract. In addition, the trademark must be registered in accordance with the law, this information can be checked on the Rospatent website.

The agreement should not contain superficial, vague information or ambiguous interpretations, for example, that “the franchisor undertakes to install software” - it is not clear within what time frame, at what address and what specific software.
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