Franchise arrangements are characterized by a contractual relationship between a franchiser (a manufacturer, wholesaler, or service organization) and franchisees (independent entrepreneurs who purchase the right to own and operate any number of units in the franchise systems).
The source said the consortium would provide "expert support when required" and added: "[The] remit includes monitoring the contractual health of our franchise agreements, as well as providing a stand-by service on a retainer basis to enable us to mobilise and operate a franchise if required".
While he didn't give away any big plot points ("I think let's leave that one until you see the movie," he said when asked about Batman's relationship with Catwoman), Bale did candidly discuss his contractual obligations to the franchise.
"Players who behave in a similar manner in the future will not only risk breaching the disciplinary rules of the relevant member board and being sanctioned accordingly, but may also put in jeopardy their ability to conclude future contractual arrangements with domestic franchises or clubs in other jurisdictions".
Social franchises engage private providers in a contractual arrangement to provide standardized health services under a common brand name [ 1, 2].
So that there is no doubt, I confirmed to the selectors that I was available for West Indies duty in all forms of cricket, immediately following the conclusion of my contractual obligations to my IPL franchise, Royal Challengers Bangalore".
"So that there is no doubt, I confirmed to the selectors that I was available for West Indies duty in all forms of cricket, immediately following the conclusion of my contractual obligations to my IPL franchise".
Outside the high-tech sector, franchise agreements are a prime example of voluntary contractual arrangements outside the firm that can be viewed as corporate governance mechanisms.
Franchising originates from trade and industry and involves a contractual arrangement between two firms: the franchisor and the franchisee.
