Terminating A Franchise Agreement Template for India

1. Dispute Resolution: Include if there are existing disputes or specific procedures for resolving future disputes

2. Transfer of Assets: Include if the franchisor is purchasing any assets from the franchisee

3. Customer Transition: Include if there are specific arrangements for transitioning customers

4. Employee Matters: Include if there are agreements regarding employee transfers or restrictions

5. Non-Compete Provisions: Include if new or modified non-compete terms are being established

6. Tax Implications: Include if there are specific tax considerations or allocations to address

7. International Provisions: Include for cross-border franchise relationships

8. Insurance and Indemnification: Include if specific insurance requirements or indemnification terms need to be addressed

1. Schedule A - Intellectual Property: List of all intellectual property to be ceased from use, including trademarks, trade names, and patents

2. Schedule B - Outstanding Financial Obligations: Detailed list of all pending payments, fees, and financial settlements

3. Schedule C - Inventory and Equipment: List of inventory to be returned or purchased, and equipment disposition

4. Schedule D - De-identification Requirements: Specific checklist and timeline for removing franchise identifiable elements

5. Schedule E - Handover Documents: List of all documents, manuals, and materials to be returned to franchisor

6. Appendix 1 - Termination Compliance Checklist: Detailed checklist of all actions required for termination compliance

7. Appendix 2 - Release Form: Standard form for mutual release of claims

8. Appendix 3 - Certificate of Compliance: Form to certify completion of all termination requirements