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License Grant
LICENSE GRANT
The franchiser, [Name of franchiser], and the franchisee, [Name of franchisee], as set forth in their franchise agreement on [Date of agreement] and as witnessed by [Name of witness], have agreed to the following additional terms and conditions: [Terms and conditions]
The franchisee is granted permission of usage by the franchiser, in compliance by terms aforementioned, of names, logos and or licensed trademarks of said franchiser and said franchise system, upon which location will be determined and will comply in accordance of procedural agreement.
During stay of contractual agreement, franchiser will not have or give permission to engage in a comparable operation within a radius or a radius that is defined by population as follows: [Exclusive territory]
Franchiser Dated
Franchisee Dated
Witness Dated
Witness Dated