Common Contracts
1 similar Related Party Agreement contracts
INFORMATION RELATING TO A RELATED PARTY AGREEMENT PURSUANT TO ARTICLES L. 22-10-13 AND R. 22-10-17 OF THE FRENCH COMMERCIAL CODERelated Party Agreement • April 26th, 2022
Accor (the "Company") enters today into a sponsorship agreement with the Fondation de France, acting in the name and on behalf of the Fondation G&G Pélisson, in order to provide financial support, alongside Accor's franchise owners, for the extension of the Institut Paul Bocuse, one of the flagships of hotel and restaurant education in France. The maximum investment to be made by Accor under this agreement is €3 million over a period not exceeding four years, it being specified that the payments to be made by the Company will be equal to the amount paid by the Accor Group's franchise owners.
