FRANCHISE NON-NOTIFICATION OF TERMINATION

 

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:

 

Franchiser reserves the right to conclude terms of agreement without prior notification if in fact the franchisee:

______________________________________________________________________

______________________________________________________________________

______________________________________________________________________

_____________________________________________________________________.

(above list conditions of bankruptcy or insolvency, warrants, liens, possession of properties, failure to open for business in succession of days, etc.)

 

 

____________________________          _______________

Franchiser                                                  Dated

 

____________________________          _______________

Franchisee                                                  Dated

 

____________________________          _______________

Witness                                                      Dated

 

____________________________          _______________

   Witness                                                      Dated