Legal Forms
To search for a particular term please use the following search box.
Important Notice : Lawyerintl.com strongly recommends that you seek independent legal advice from a qualified lawyer before using any of the forms on this site, in order that you can verify the forms are suitable for your needs.
First Right Of Refusal For Reassignment
FIRST RIGHT OF REFUSAL FOR REASSIGNMENT
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 reserves the first right of refusal, with a reasonable and realistic offer to acquire any and all rights granted the franchisee in contractual agreement. Franchisee must submit any offer proved franchisee in writing to the franchiser and the franchiser is allowed [Grace period in days to refuse offer] amount of days to use first right of refusal terms.
Franchiser Dated
Franchisee Dated
Witness Dated
Witness Dated