FRANCHISE AGREEMENT

THIS agreement (Agreement) is made at indore on the 2

nd
day of may 2014 as under.

BETWEEN:
M/s LOL FOOD CHAIN (INDIA) PVT LTD , a Firm, Through its Authorised Representive Mrs
Arpita Bafna having its Corp. Off office at 43-c Mangal Nagar ,AB Road OPP. Sarco House,Indore
M.P.-452001. Hereinafter referred to as the FIRM (which expression shall unless repugnant to
the context or meaning thereof, be deemed to include its successors and assigns) OF THE FIRST
PART

AND
M/s ___________________________________________________ having its Propertor`s Name
Mr _______________________________ herewith who is hereinafter referred to as

(The Franchisee) OF THE SECOND PART;

The expression Franchisee shall, unless it is repugnant to the context or meaning thereof, be
deemed to mean and include:
i. In case the Franchisee is a Company incorporated under the Companies Act,1956, its
successors and permitted assigns;
ii. In case the Franchisee is a partnership firm formed under the partnership Act,1932, the
partners for the time being and form time to time and their respective legal heirs,
executors and administrators of last such surviving partner; and
iii. In case the Franchisee is an individual, his! Her respective heirs, administrators and
executors;
In case the Franchisee is an individual, his! Her respective heirs, administrators and executors
The Firm and the Franchisee are hereinafter referred to as Party and collectively as parties

WHEREAS:
The Firm has developed the concept and have established a reputation and distinctive image
with the public for the business and the Menu. The Firm is running the Business is the name
and style of LOL FOOD CHAIN (INDIA) PVT LTD.
a) The Firm has the experience in operating, managing and maintaining such fast food
outlets, which operate with a uniform Menu, business formate, specially designed
interiors, methods, procedures and systems, which is more particularly defined
hereunder as the Model.
b) The Firm has developed a unique method of manufacturing and providing half cooked
food Menu from a central kitchen to its various outlets;
c) The Model is a ce.omprehensive and standardized system.offered

6. Outlet shall mean the premises situated at the location as more particularly hereto
and / or such other premises from where the Franchisee performs and shall continue to
performs the Franchisee`s Frunctions pursuant of this Agreement.

7. personnel , with reference to the Franchisee, shall mean the Franchisee`s employees,
staff, directors, proprietor, partners, members, officers, officials, agents and other
persons who represent or work for the Franchisee or for whom the Franchisee is
responsible.

8. Products ,Shall mean the items in the Manu including without limitations half cooked
Indian foods, maxican, Italian,etc and /or such other products as may be identified by
the Firm from time to time and shall include all such edible products prepared !
marketed by the Firm from time to time.

9. Trade Name, shall mean all the trade and business names, trade and service marks,
commercial symbols, copyright, design, service counter,platters,logos and all
intellectual property identified by the Firm for the purpose of marketing including
without limitation the concept, Business Model from time to time and shall include the
name and style LOL in such styles and manners as may be used by the Firm in respect
of the Business from time to time.