Franchisee Agreement is a written document wherein the franchisor agrees to lend the trade name or business system to another person (the franchisee) on such terms and conditions as defined in the agreement.
The content of the franchisee agreement may vary depending upon the nature of business, agreed franchisee system, prevalent laws, etc.
It provides the investor with a product, a branded name and recognition, and a support system and at the same time, the interest, trademark, intellectual property of Franchisor remains safe.