The franchisee will pay a franchise fee initially which is INR ________________ and a yearly royalty of 12% of Annual Sales The franchisee can use the trademark name, logo and all content relating to the parent company, with prior consent from the management. The franchisee will adhere to the standards maintained by the parent company and will comply with all the policies. Staff hiring should be done on the lines of the company policy and parent company approval. The franchisee will have to use products and brands suggested by the company and model the services of the franchise based upon the parent company. The interior and the outlook of the franchise will have to be on the lines of the company design, and any design would require approval of the management. The franchisee at no instance can indulge into any malpractice which can damage the brand value of the company, and any such incidence will incur warning, and after 3 such warnings the franchise agreement can be cancelled. The marketing cost of that territory will be borne by the franchisee and any advertisement would require approval from the management before being published or released. The franchisee will be liable for all the services provided by them and any complaint or matter against them will not involve the parent company. The parent company will provide guidelines but the day to day functioning will be handled by the franchisee. Representatives from the company can make uninformed inspection visits and if any breach of contract rules or quality and standard of the premises and customer service is found unacceptable, the franchisee will be given a warning.