Common use of Reservation of Rights to Franchisor Clause in Contracts

Reservation of Rights to Franchisor. (a) Franchisor may also acquire, develop, operate, licence and franchise other types of retail locations which may involve the distribution and sale of similar products and services but which operate under different trade marks and which may be located anywhere including nearby to the Approved Retail Locations and within the Franchised Territory, and in particular Franchisor may establish a lower-priced brand of athletic apparel intended for mall-based dedicated retail stores, and Franchisor shall incur no liability to Franchisee in connection therewith.

Appears in 3 contracts

Samples: Franchise Agreement, Franchise Agreement (Lululemon Corp.), Franchise Agreement (Lululemon Corp.)

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Reservation of Rights to Franchisor. (a) Franchisor may also acquire, develop, operate, licence and franchise other types of retail locations which may involve the distribution and sale of similar products and services but which operate under different trade marks and which may be located anywhere including nearby to the Approved Retail Locations and within the Franchised Territory, and in particular Franchisor may establish a higher-priced or lower-priced brand of athletic apparel intended for mall-based dedicated retail stores, similar in design and composition to the Oqoqo Products and Franchisor shall incur no liability to Franchisee in connection therewith.

Appears in 1 contract

Samples: Franchise Agreement (Lululemon Corp.)

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