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What is the term of the LEE’S SANDWICHES Franchise Agreement?

April 26, 2017Agreement franchise sandwiches term

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What is the term of the LEE’S SANDWICHES Franchise Agreement?

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The term of the Franchise Agreement for a Production Unit is 10 years from the date the Franchise Agreement is signed. If you have substantially complied with the terms of the Franchise Agreement, the franchise for the Production Unit is renewable for 3 additional successive terms of 5 years each. The term of the Franchise Agreement for a Non-Production Unit is 5 years from the date the Franchise Agreement is signed. If you have substantially complied with the terms of the Franchise Agreement the franchise for the Non-Production Unit, is renewable for 3 additional successive terms of 5 years each. The term of the Franchise Agreement for a Mall Unit is 5 years from the date the Franchise Agreement is signed. If you have substantially complied with the terms of the Franchise Agreement the franchise for the Mall Unit, is renewable for 3 additional successive terms of 5 years each.