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Deed Of Sale Of Franchise Template for United Arab Emirates

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Key Requirements PROMPT example:

Deed Of Sale Of Franchise

"I need a Deed of Sale of Franchise for transferring my premium coffee shop franchise in Dubai to a new franchisee by March 2025, including specific provisions for maintaining our unique brewing methods and customer service standards, with a 5-year non-compete clause for the UAE market."

Document background
The Deed of Sale of Franchise is a crucial document used in the UAE when transferring franchise rights and operations from one party to another. This document is essential for businesses expanding through the franchise model in the UAE market, ensuring compliance with local regulations including Federal Law No. 18 of 1981 (Commercial Agency Law) and related commercial legislation. The deed comprehensively covers all aspects of the franchise transfer, from intellectual property rights to operational requirements, and must be structured to meet specific UAE legal requirements. It serves as both a transfer document and an ongoing reference point for the franchise relationship, typically used when a franchisor sells new franchise rights or when an existing franchisee transfers their franchise to a new owner. The document must be carefully drafted to ensure enforceability under UAE law and proper registration with relevant authorities.
Suggested Sections

1. Parties: Identification of the Franchisor (Seller) and Franchisee (Buyer), including full legal names, registration details, and addresses

2. Background: Context of the franchise sale, brief description of the business, and purpose of the deed

3. Definitions: Detailed definitions of key terms used throughout the agreement

4. Sale and Purchase: Core terms of the franchise sale, including what is being sold and purchased

5. Purchase Price: Details of the purchase price, payment terms, and payment schedule

6. Completion: Requirements and conditions for completing the sale

7. Franchisor's Obligations: Detailed obligations of the selling franchisor, including transfer of rights and support

8. Franchisee's Obligations: Detailed obligations of the buying franchisee, including compliance requirements

9. Intellectual Property Rights: Terms regarding the transfer and use of trademarks, patents, and other IP

10. Territory Rights: Definition and limitations of the geographical territory for the franchise

11. Training and Support: Details of initial and ongoing training and support provisions

12. Confidentiality: Provisions protecting confidential information and trade secrets

13. Warranties and Representations: Warranties given by both parties regarding the franchise sale

14. Indemnification: Terms of mutual indemnification and liability allocation

15. Term and Termination: Duration of the agreement and circumstances for termination

16. Governing Law and Jurisdiction: Specification of UAE law as governing law and jurisdiction details

17. Execution: Formal execution clauses and signature blocks

Optional Sections

1. Third Party Consents: Required when third party approvals are needed for the franchise transfer

2. Transition Period: Include when a handover period is required between seller and buyer

3. Existing Customer Contracts: Needed when existing customer relationships are being transferred

4. Employee Transfer: Include when employees are being transferred as part of the franchise sale

5. Property Leases: Required when physical premises are part of the franchise sale

6. Non-Compete Provisions: Include when additional competition restrictions are required

7. Supplier Relationships: Needed when existing supplier contracts are being transferred

8. Financing Terms: Include when the purchase involves seller financing or installment payments

Suggested Schedules

1. Schedule 1 - Business Assets: Detailed inventory of physical assets included in the sale

2. Schedule 2 - Intellectual Property: Complete list of trademarks, patents, and other IP being transferred

3. Schedule 3 - Operating Manual: Detailed operational procedures and requirements

4. Schedule 4 - Territory Map: Detailed mapping and description of the franchise territory

5. Schedule 5 - Financial Statements: Historical financial information of the franchise

6. Schedule 6 - Transfer Documentation: Forms and documents required for official transfer

7. Schedule 7 - Training Program: Detailed description of initial and ongoing training requirements

8. Schedule 8 - Existing Contracts: List and copies of all relevant existing contracts

9. Appendix A - Required Licenses: List of necessary licenses and permits for operation

10. Appendix B - Brand Standards: Detailed brand and quality standards requirements

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈ˰æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions
















































Clauses



















































Relevant Industries

Food & Beverage

Retail

Hospitality

Education

Healthcare

Automotive

Fashion & Apparel

Personal Services

Business Services

Technology

Fitness & Wellness

Real Estate

Entertainment

Professional Services

Relevant Teams

Legal

Operations

Business Development

Compliance

Finance

Commercial

Brand Management

Corporate Development

Franchise Operations

Risk Management

Executive Leadership

Middle East Operations

Relevant Roles

Chief Executive Officer

Chief Operating Officer

Franchise Development Manager

Legal Counsel

Business Development Director

Operations Manager

Commercial Director

Compliance Officer

Brand Manager

Finance Director

Contract Manager

Regional Director

Managing Director

Franchise Relations Manager

Business Owner

Corporate Lawyer

Investment Manager

Industries









Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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