Common use of CONTINUING FEES Clause in Contracts

CONTINUING FEES. During the term of each Franchise Agreement signed by the FRANCHISEE pursuant to this Agreement, the FRANCHISEE will pay to WCH weekly Continuing Fees, as defined in the Franchise Agreement, equal to a percentage of the weekly Gross Revenues, as defined in the Franchise Agreement, which are received, billed or generated by or from the FRANCHISEE'S We Care Hair Businesses in the Franchised Area. Notwithstanding the foregoing, for as long as, but only so long as, the FRANCHISEE owns and operates eleven (11) or more We Care Hair Businesses, the FRANCHISEE will be obligated to pay WCH weekly Continuing Fees equal to four percent (4%) of the FRANCHISEE'S weekly Gross Revenues for the eleventh (11th) and any subsequent We Care Hair Business. This reduction in Continuing Fees will apply only to the eleventh (11th) and any subsequent We Care Hair Businesses owned and operated by the FRANCHISEE. The FRANCHISEE will pay Continuing Fees to WCH at the applicable rate stated in the preceding sentences, even if the Franchise Agreements signed by the FRANCHISEE specify Continuing Fees that are greater than or different from the Continuing Fees specified herein. With the possible exception of the percentage of the FRANCHISEE'S Gross Revenues which will be payable to WCH, the Continuing Fees for each of the FRANCHISEE'S We Care Hair Businesses will be payable by the FRANCHISEE according to the terms of the applicable Franchise Agreements signed by the FRANCHISEE pursuant to this Agreement.