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Termination Rights
TERMINATION RIGHTS
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: [Description of the terms and conditions agreed upon]
In franchisee is declared in default of agreement, the franchiser has the right to conclude terms of agreement and also has the right, without notice to execute any dutiful and authorized acts, on the business premise necessary.
Franchiser Dated
Franchisee Dated
Witness Dated
Witness Dated