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Compensation Form
COMPENSATION FORM
The franchiser, [Name of the franchiser], and the franchisee, [Name of the franchisee], as set forth in their franchise agreement on [Date of the agreement] and as witnessed by [Name of the witness], have agreed to the following additional terms and conditions:
Franchiser shall be compensated in the amount of by the franchisee in the following manner: [Amount of compensation]
I, [Name of franchisee], agree to pay [Name of franchiser], the following sum $ [Amount to pay] in [monthly, weekly, yearly increments] of [Instalment payments]. Payments will commence of [Date of first payment].
Franchiser Dated
Franchisee Dated
Witness Dated
Witness Dated