Franchise Agreement

PartiesGoosehead Insurance Agency, LLC (“we,” “us,” or “our"), (“you” or the “Franchisee")
StateTexas
Renewal Termsuccessive 5 years
SectionCommercial Contracts
Exhibit 10.6
Goosehead Insurance Agency, LLC
Franchise Agreement
Exhibit A
Declarations Page
11.2 The “Approved Location” under this Agreement will be:
.
24.1 You elect to pay the Initial Franchise Fee in one of the following ways:
(check only one):
In its entirety at the time you enter into this Agreement, in which case
the amount of the Initial Franchise Fee shall be: ($ ).
You shall pay a portion of the Initial Franchise Fee at the time you enter
into this Agreement in the amount of ($ ), and shall pay the remaining
portion of ($ ), plus interest, according to the terms of the 60-month
Promissory Note attached to this Agreement as Exhibit I.
34.2 The “Commencement Date” will be: .
Initials
Franchisee Franchisor
Goosehead Insurance Agency, LLC
Franchise Agreement
TABLE OF CONTENTS
Section Title Page#
Recitals 2
1Grant 2
2Term And Renewal 3
3Our Duties 4
4Fees; Sales Reporting 6
5Franchised Business Commencement 9
6Operating Principal, Personnel, And Training 11
7Purchase of Products and Services 13
8Your Duties 15
9Proprietary Marks 20
10 Confidential Brand Standards Manuals 23
11 Confidential Information 24
12 Accounting, Financial And Other Records, And Inspections 25
13 Marketing 27
14 Technology 31
15 Insurance 35
16 Transfer Of Interest 38
17 Default And Termination 43
18 Obligations Upon Termination Or Expiration 46
19 Covenants 49
20 Taxes, Permits, And Indebtedness 51
21 Independent Contractor And Indemnification 52
22 Force Majeure 53
23 Approvals And Waivers 54
24 Notices 54
25 Entire Agreement And Amendment 54
26 Severability And Construction 55
27 Applicable Law And Dispute Resolution 55
28 Acknowledgments 57
Exhibits
ADeclarations Page EADA Certification
BGuarantee, Indemnification, and
Acknowledgement
F1-
3
Sample Forms of Non-Disclosure and Non-
Competition Agreements
CList of Principals GSite Selection Addendum
DACH - Authorization Agreement for HLease Rider
Prearranged Payments (Direct Debits) IPromissory Note
i
Goosehead Insurance Agency, LLC
Franchise Agreement
THIS FRANCHISE AGREEMENT (the “Agreement”) is made and entered into as of the “Effective Date” that we
have indicated on the signature page of this Agreement by and between:
Goosehead Insurance Agency, LLC, a Delaware limited liability company, with its principal place of business at
1500 Solana Blvd., Suite 450, Westlake, Texas 76262 (“we,” “us,” or “our”); and
a [resident of] [corporation organized in] [limited liability company organized in] the state of and having offices at
(“you” or the “Franchisee”).
Introduction
We have developed our own distinctive and proprietary systems for insurance services, including home insurance,
automobile insurance, life insurance, specialty lines, and business insurance (the “System”). Our System includes
(among other things): business processes, technologies, trade secrets, customer lists, knowledge, know-how, trade
names, service marks, trademarks, logos, emblems, trade dress and other intellectual property; distinctive signage;
standards, specifications and sources for services, products, supplies, appearance, operations and management
control; safety standards; training and assistance; purchasing programs; and advertising, marketing, promotional
and sales programs; all of which we may periodically change, discontinue, improve, modify and further develop.
We identify the System by means of our Proprietary Marks. Our proprietary marks include certain trade names (for
example, the mark “Goosehead Insurance” and logo), service marks, trademarks, logos, emblems, and indicia of
origin, as well as other trade names, service marks, and trademarks that we may periodically specify in writing for
use in connection with the System (all of these are referred to as our “Proprietary Marks”). We continue to develop,
use, and control the use of our Proprietary Marks in order to identify for the public the source of services and
products marketed under those marks and under the System, and to represent the System’s high standards of
quality, appearance, and service.
We are in the business of developing and awarding franchise rights to third party franchisees, such as you, to
develop and operate businesses providing insurance services (“Services”) to clients under the System and using the
Proprietary Marks (“Goosehead Businesses”).
You have asked to enter into the business of operating a Goosehead Business under our System and wish to obtain
a franchise from us for that purpose, as well as to receive the training and other assistance we provide as described
in this Agreement. You also understand and acknowledge the importance of our high standards of quality,
appearance, and service and the necessity of operating the business franchised under this Agreement in conformity
with our standards and specifications.
You will be in the business of operating a Goosehead Business, using the same brand and Proprietary Marks as
other independent businesses that operate other Goosehead Businesses under the System. We will not operate
your Goosehead Business for you, although we have (and will continue) to set standards for Goosehead Businesses
that you will have chosen to adopt as yours by signing this Agreement and by your day-to-day management of your
Goosehead Business to our brand standards.
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