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Premise Leases
PREMISE LEASES
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:
Both parties agree that prior to commencement of business at [Address of property] that this property will be restricted solely for the use of business named and trademarked [Description of Trademark]. In the event of subleasing this location, either the franchisee or the franchiser reserves the right to sublease to one or the other for the life of agreement.
Franchiser Dated
Franchisee Dated
Witness Dated
Witness Dated