Motor Vehicle Franchise Contract

By | November 24, 2014

Many motor vehicle companies find it beneficial to let other party business entities operate as an extension of their own business and run a franchise of their respective brand. When issuing a franchise to another party, the company and the party sign a contract referred to as the motor vehicle franchise contract.

The motor vehicle franchise contract template is the document which is prepared with the sole purpose of making it convenient for all in need to frame an actual contract. The template is just like a replication of the actual contract with a few blanks in place for case specific details.

Sample Motor Vehicle Franchise Contract

Under this contract the _______________________ (name of authorised personnel) who represents _____________________ (name of the company who owns the actual business) as the PARENT COMPANY, for all the purposes of this contract, is franchising out its brand name ______________________ (name of the brand being franchised out) to the _________________________ (name of the company being given the franchise) represented by _______________________ (name of the authorised personnel), that is the FRANCHISEE for all purposes of the contract.

Date of signing: ________________________________ (mention the date on which the parties are signing the contract).

The franchise will hold valid from _______________________ (the date from which the right to franchise commences) to ______________________ (the date on which the right to franchise expires), that is for a period of _______________________ (the total time period for which the present contract holds valid).

Details of the PARENT COMPANY:

(Please mention the details of the named parent company in the section of blanks provided below.)

Company Name: _________________________________________________

Official Brand Name: _____________________________________________

Authorised Personnel Name: _______________________________________

Authorised Personnel Job Title: _____________________________________

Official Contact Address: __________________________________________

Official Contact No.: _____________________________________________

Details of the FRANCHISEE:

(Please mention the details of the named franchisee, in the blanks below as per the heads provided).

Company Name: _________________________________________________

Authorised Personnel Name: _______________________________________

Authorised Personnel Job Title: _____________________________________

Official Contact Address: __________________________________________

Official Contact No.: ______________________________________________

Terms of the Contract:

(In the blanks below mention the specific terms and conditions that the parent company and the franchisee have agreed to follow for the course of the franchise agreement. The terms are presented in point format to make each point clear.)

  1. ____________________________________________________________
  2. ____________________________________________________________
  3. ____________________________________________________________

Signatures:

­ (In the section, the authorised personnel for both the parties must sign and write their full names below the signature.)

_____________________________                            _____________________________

(Parent company’s authorised personnel name)               (Franchisee’s authorised personnel name)