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Business Franchises Franchise Grand Opening Promotion
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FRANCHISE GRAND OPENING PROMOTION The franchiser, __________________________________________________, and the franchisee, _____________________________________, as set forth in their franchise agreement on ______________________________________________________ and as witnessed by _________________________________, have agreed to the following additional terms and conditions: ____________________________________________________________________ ____________________________________________________________________ ____________________________________________________________________ ____________________________________________________________________ Both the franchisee and the franchiser will work together on the grand opening promotion of the franchisees franchise. Terms are as follows: Franchiser agrees to pay _________ percent of local advertising ______________ to read as follows:________________________________________________________ ____________________________________________________________________ ____________________________________________________________________ Grand opening specials and/or discounts shall be absorbed by the franchisee and the franchiser broken down in the following way: Franchiser agrees to pay ________________ percent of the cost of the expense and the franchisee agrees to pay ________________ percent of the cost of expense of the grand opening promotion. Franchiser agrees to assist franchisee with a specific plan of promotion and development of special discounts and any ideas to contribute to the success of the grand opening promotion. ____________________________ _______________ Franchiser Dated ____________________________ _______________ Franchisee Dated ____________________________ _______________ Witness Dated ____________________________ _______________ Witness Dated
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posted:
11/13/2007
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