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Termination Of Agreement Without Penalties
TERMINATION OF AGREEMENT WITHOUT PENALTIES
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 will have the right to exercise agreement conclusion for [Reason for agreement conclusion], without fees and will continue for [Period of agreement] as long as a written request form party of action is received in at least [Advance in days of written notice] before [Last day possible for notice].
Franchiser Dated
Franchisee Dated
Witness Dated
Witness Dated