Common use of Year One Clause in Contracts

Year One. For the period ending April 30 following the Effective Date of this Agreement, if you operated or were required to have operated an office in the Territory for any part of Tax Season ending in that April, the minimum royalty is $5,000 per Territory.

Appears in 3 contracts

Sources: Franchise Agreement (Liberty Tax, Inc.), Franchise Agreement (JTH Holding, Inc.), Franchise Agreement (JTH Holding, Inc.)