Create a bespoke document in minutes, or upload and review your own.
Get your first 2 documents free
Your data doesn't train Genie's AI
You keep IP ownership of your information
Franchise Transfer Agreement
"I need a Franchise Transfer Agreement for transferring my bubble tea franchise in Singapore to a new franchisee, with specific provisions for employee retention and a 3-month training period starting March 2025."
1. Parties: Identification of transferor, transferee, and franchisor (if separate from transferor)
2. Background: Context of the transfer, existing franchise relationship, and reason for transfer
3. Definitions: Key terms used tHRoughout the agreement
4. Transfer Terms: Core terms of the franchise transfer including rights and obligations
5. Purchase Price: Consideration and payment terms
6. Conditions Precedent: Requirements to be met before transfer becomes effective
7. Representations and Warranties: Statements of fact and assurances from all parties
8. Completion: Process and requirements for completing the transfer
1. Employee Transfer: Terms for transfer of employees, when existing employees will transfer to new franchisee
2. Training Requirements: Specific training obligations for new franchisee, used when franchisor requires specific training completion
3. Territory Modifications: Changes to territorial rights, included when transfer involves territory changes
4. Transitional Services: Support services during transition period, used when extended handover period required
1. Asset Schedule: List of physical assets being transferred
2. Intellectual Property Schedule: Details of IP rights being transferred
3. Existing Contracts Schedule: List of contracts being assigned/novated
4. Employee Schedule: Details of transferring employees
5. Form of Novation Agreements: Template agreements for novating existing contracts
6. Completion Checklist: List of actions required for completion
Authors
Assets
Business
Business Day
Completion
Completion Date
Conditions Precedent
Consideration
Effective Date
Existing Franchise Agreement
Franchise
Franchise System
Franchise Territory
Franchisor
Franchisor's Consent
Intellectual Property Rights
Inventory
Liabilities
License
New Franchise Agreement
Operating Manuals
Premises
Purchase Price
Related Agreements
Relevant Employees
SGD
System
Transferee
Transferor
Transfer Date
Transition Period
Warranties
Working Capital
Transfer of Franchise
Purchase Price and Payment
Conditions Precedent
Completion
Assets Transfer
Intellectual Property Rights
Representations and Warranties
Employees
Transitional Arrangements
Non-Competition
Confidentiality
Training and Support
Assignment and Novation
Indemnification
Liabilities
Insurance
Force Majeure
Termination
Notices
Governing Law
Dispute Resolution
Entire Agreement
Severability
Waiver
Third Party Rights
Costs and Expenses
Further Assurance
Counterparts
Good Faith
Find the exact document you need
Download our whitepaper on the future of AI in Legal
Genie’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; Genie’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
Our bank-grade security infrastructure undergoes regular external audits
We are ISO27001 certified, so your data is secure
Organizational security
You retain IP ownership of your documents
You have full control over your data and who gets to see it
Innovation in privacy:
Genie partnered with the Computational Privacy Department at Imperial College London
Together, we ran a £1 million research project on privacy and anonymity in legal contracts
Want to know more?
Visit our Trust Centre for more details and real-time security updates.
Read our Privacy Policy.