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Restaurant Operating Agreement
"I need a Restaurant Operating Agreement for my new fine dining establishment in central London, where I'll be the owner but hiring a specialist operating company to run the day-to-day operations starting March 2025, with particular emphasis on maintaining high-end service standards and protecting my brand."
1. Parties: Identification of all parties to the agreement, including full legal names and addresses
2. Background: Context of the agreement and brief description of the business relationship
3. Definitions: Key terms used throughout the agreement
4. Operating Rights and Obligations: Core operational requirements and standards for running the restaurant
5. Compliance Requirements: Legal and regulatory compliance obligations
6. Financial Terms: Payment terms, revenue sharing, and financial reporting requirements
7. Term and Termination: Duration of agreement and termination provisions
8. Insurance and Liability: Required insurance coverage and liability provisions
1. Property Management: Additional terms and conditions for when the operator is also responsible for managing the physical premises
2. Intellectual Property: Terms covering brand usage, IP protection, and proprietary recipes when branded concepts are involved
3. Staff Training: Specific training requirements and procedures when particular training standards must be maintained
4. Non-Compete: Competitive restrictions and limitations when protecting against competitive activities is necessary
1. Operating Manual: Detailed operational procedures and standards
2. Menu Requirements: Required menu items and pricing guidelines
3. Equipment Inventory: List of equipment provided or required
4. Health and Safety Procedures: Detailed health and safety requirements
5. Insurance Requirements: Detailed insurance specifications
6. Premises Plans: Floor plans and layout specifications
7. Financial Reporting Templates: Required formats for financial reporting
Authors
Approved Menu
Approved Suppliers
Business Day
Commencement Date
Confidential Information
Customers
Effective Date
Equipment
Force Majeure
Food Safety Regulations
Gross Revenue
Health and Safety Requirements
Initial Term
Intellectual Property Rights
Lease
Licenses
Operating Hours
Operating Manual
Operating Standards
Operator
Owner
Permitted Use
Premises
Quality Standards
Regular Reporting
Renewal Term
Restaurant
Restaurant Brand
Restaurant System
Revenue Share
Staff
Standard Operating Procedures
Term
Territory
Trade Marks
Working Day
Quality Control
Food Safety
Health and Safety
Licensing Requirements
Staff Training
Financial Terms
Revenue Sharing
Reporting and Records
Insurance
Indemnification
Operating Hours
Menu and Pricing
Supply Chain
Maintenance
Compliance
Term and Renewal
Termination
Force Majeure
Confidentiality
Non-Competition
Intellectual Property
Brand Standards
Assignment
Dispute Resolution
Governing Law
Notices
Entire Agreement
Amendments
Severability
Equipment and Facilities
Customer Service Standards
Emergency Procedures
Pest Control
Waste Management
Marketing and Promotion
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