Common use of Advertising Fund Clause in Contracts

Advertising Fund. (a) When in Franchisor’s opinion there are sufficient franchised Lululemon Athletica locations in operation. Franchisor shall have the right upon six (6) months’ written notice to institute an advertising fund. The Franchisor agrees that all Franchisees and all corporate owned retail locations and affiliate owned retail locations shall make contributions to the advertising fund at the same percentage of Gross Sales and at the same time as applicable to the Franchisee under this Agreement.

Advertising Fund. (a) When in Franchisor’s opinion there are sufficient franchised Lululemon Athletica locations in operation. , Franchisor shall have the right upon six (6) months’ written notice to institute an advertising fund. The , Franchisor agrees that all Franchisees entering into Franchise Agreements after this one and all of Franchisor’s corporate owned retail locations and affiliate owned retail locations shall make contributions to the advertising fund of at least the same percentage of Gross Sales and at the same time times as are applicable to the Franchisee under this Agreement.