19.12 Counsel. The Parties acknowledge and agree that each Party has been represented by
independent legal counsel their choice in connection with this Agreement or has had the opportunity to
have legal counsel review this Agreement and advise the Party regarding the same, but has voluntarily
chosen not to do so.
19.13 Good Standing. Master Licensee shall remain duly organized and in Good Standing for as
long as this Agreement is in effect.
19.14 Atypical Arrangements. Master Licensee acknowledges and agrees that Global may
modify the offer of development agreement to other master Licensees and franchisees in any manner
and at any time, which offers have or may have terms, conditions, and obligations, which may differ
from the terms, conditions, and obligations in this Agreement, whether the same brand is involved or
not. Master further acknowledges and agrees that Global has made no warranty or representation that
other master development agreements or franchise agreements previously issued or issued after this
Agreement by Global do or will contain terms substantially similar to those contained in this Agreement.
IN WITNESS WHEREOF, the Parties have executed this Agreement to be effective on the
Effective Date.
GLOBAL:
GLOBAL FRANCHISE MASTERS PRIVATE LIMITED
By:
Harish H. Babla,
Title: Managing Director & CEO
MASTER LICENSEE :
By:
Naresh Indhewat
Title: Director & Principal Owner