The Master Franchise Contract is essential for businesses expanding their franchise operations tHRough a master franchisee structure in Singapore or designated territories. This document comprehensively addresses the complex relationship between franchisor and master franchisee, incorporating Singapore's stringent legal requirements and business practices. It covers crucial elements including territory rights, development obligations, fee structures, operational standards, and sub-franchising rights, while ensuring compliance with Singapore's regulatory framework, including competition law, IP protection, and consumer protection regulations.
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1. Parties: Identification of Master Franchisor and Master Franchisee, including full legal names and registered addresses
2. Background: Context of the agreement, brief description of the franchise system and business model
3. Definitions: Key terms used tHRoughout the agreement including Territory, System, Marks, Know-how
4. Grant of Rights: Scope of master franchise rights, territory definition, and exclusivity terms
5. Term and Renewal: Duration of agreement and conditions for renewal
6. Fees and Payments: Initial fees, ongoing royalties, and payment terms
7. Obligations of Master Franchisor: Support, training, and assistance to be provided
8. Obligations of Master Franchisee: Development schedule, compliance requirements, reporting obligations
9. Intellectual Property: Usage rights and restrictions for trademarks, patents, and other IP
10. Confidentiality: Protection of confidential information and trade secrets
11. Termination: Grounds for termination and post-termination obligations
1. Development Schedule: Specific timeline for opening franchise units - use when there are specific growth targets
2. Local Adaptation: Provisions for adapting the system to local market - use when significant local market modifications are needed
3. Supply Chain Requirements: Specific requirements for sourcing and suppliers - use when supply chain control is critical
4. Training Programs: Detailed training requirements and programs - use when complex training systems are involved
1. Schedule 1 - Territory Definition: Detailed description of geographic territory
2. Schedule 2 - Marks and IP: List of trademarks, patents, and other IP included
3. Schedule 3 - Initial Fee Structure: Detailed breakdown of all initial fees
4. Schedule 4 - Operations Manual Table of Contents: Overview of operations manual content
5. Schedule 5 - Development Schedule: Detailed timeline for franchise unit development
6. Schedule 6 - Training Programs: Details of required training programs
7. Schedule 7 - Approved Suppliers: List of approved suppliers and products
8. Schedule 8 - Financial Reporting Ƶ: Required formats for financial reporting
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