Under the framework agreement, the parties agree to negotiate with the view of entering into a master franchise agreement granting Kinghill and/or its affiliates the exclusive right to act as the master franchisor of Dean DeLuca cafés and Dean DeLuca Market in the People’s Republic of China with expansion of 500 stores for a period of 5 years. Kinghill and/or its affiliates may extend the term under the conditions as specified in the master franchise agreement.The entering into of the master franchise agreement shall be completed within 60 days from the date of the framework agreement or as extended by the parties, and is subject to conditions precedents specified therein.【อ่านข้อความเต็ม】