The new agreement would be made under the conditions that will then be offered to new franchisees. This Franchise Agreement governs [Owner.Name`s] license to operate an authorized franchise site under the aegis of [Franchise.Company]. The agreement shall apply from [contract.date] and shall apply for a period of [contract.years]. If you`re creating a franchise agreement, it`s also important to include a statement or termination clause. As a rule, such a clause contains explanations for the franchisee or franchisee: this agreement ”will enter into force” with the signing of this document. .