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The FRANCHISEE agrees to pay the amount of one hundred fifty five
thousand pesos (150,000.00) as FRANCHISE FEE. The payment will
enable the FRANCHISEE to enjoy the use of the FRANCHISOR’s name and
system as well as assistance during the designated period.
The FRANCHISEE is granted the right and franchise to operate one (1)
MIGREACHELLET LEARNING AND TRAINING SERVICES CENTER at the
following stated address:
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VI. ROYALTY
VII. ADVERTISING
IX. TERM
The term of this agreement begins on the date of the grand opening of
the FRANCHISEE and ends two (2) years later, unless sooner terminated
by either or both parties.
The FRANCHISOR shall have the right, at its option, to terminate this
agreement and all rights given to the FRANCHISEE without affording any
opportunity to cure any default effective upon the receipt of prior notice
upon the occurrence of any of the following events:
XII. SIGNATURE
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