How to prepare legal forms (click here)

Fees And Royalties

The franchiser, _______, and the franchisee, __________, as set forth in their franchise agreement on __________ and as witnessed by _______, have agreed to the following additional terms and conditions:

Effective ____________ and every ___of the month thereafter, the franchisee _______ agrees to pay the franchiser _______ which is ____ percentage of gross sales for a period of ____. Gross sales is determined and defined by the following _________ and in accordance with government standards and practices. All gross sales will be measured in receipts of sale in store location and promise to be correct by the franchisee.

Date: ________.

____________________________

Franchiser

____________________________

Franchisee

____________________________

Witness

____________________________

Witness