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What are the terms of the contract signed by Mathnasium and the person who is appointed Mathnasium Country Franchisor?

April 26, 2017appointed contract country franchisor mathnasium person signed terms

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What are the terms of the contract signed by Mathnasium and the person who is appointed Mathnasium Country Franchisor?

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In the contract, Mathnasium grants the Country Franchisor the exclusive rights to develop a chain in the Country Franchisor’s country using the Mathnasium name and operating system. The Country Franchisor agrees to pay a one-time initial fee for the country rights, plus a 30% share of the revenue from the sale of franchises and from monthly royalties collected by the Country Franchisor.