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TERMS OF ASSOCIATION


Time Period

The association will be initially for three years. The date of beginning will be the date of signing of LoI (Letter of Indent)

Exclusivity

CH EdgeMakers shall offer an exclusive franchisee agreement for a city/town, for the first three years. Later if CH EdgeMakers believes that there is a potential of a second center, it would make the first offer to the existing franchisee.

Renewal

The licensing agreement would be renewed for a further period on the terms offered by CH EdgeMakers  at that time – the scope of change in the terms are broadly defined in this document and would be a part of the agreement that would be signed.

Products

The license, which is offered currently, is limited to the products mentioned in the courses offered list. CH EdgeMakers shall keep innovating and shall offer more educational products in times to come. The Business Associate can choose to market these products by paying the Technical know-how fee of that product.