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FAQ's on Franchise Agreement for Utility Company

The initial term of the franchise agreement is typically a number of years, after which the franchisee may have the option to renew for an additional term, subject to certain conditions, such as not being in default of any material obligation under the agreement and providing notice to the franchisor.
The franchisee is typically obligated to distribute, sell, and provide the utility services authorised by the franchisor within the territory, maintain adequate personnel and equipment, comply with all reporting requirements, comply with all applicable laws and regulations, and maintain accurate records of all transactions relating to the distribution, sale, and provision of the utility services.
The franchisor is typically obligated to provide the franchisee with the utility services authorised by the franchisor in accordance with all applicable laws and regulations, provide training and assistance as necessary, and ensure that the franchisee complies with the franchisor's standards and guidelines.
The franchise agreement may be terminated by either party for cause, such as the failure of the franchisee to comply with its obligations under the agreement, or for convenience, such as the expiration of the term of the agreement.
Upon termination of the franchise agreement, the franchisee typically loses its right to distribute, sell, and provide the utility services authorised by the franchisor within the territory, and must cease using any of the franchisor's intellectual property. The franchisee may also be required to return any confidential information or materials belonging to the franchisor.

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