EX-10.21
Jersey Mike's Subs Inc.
MASTER FRANCHISE AND OPERATION AGREEMENT
between
JERSEY MIKE’S FRANCHISE SYSTEMS, LLC
and
JM SUBMARINES UK LTD
for
THE UNITED KINGDOM AND THE REPUBLIC OF IRELAND
Effective Date: December 31, 2025
CERTAIN IDENTIFIED INFORMATION HAS BEEN EXCLUDED FROM THIS EXHIBIT BECAUSE IT IS BOTH : (I) NOT MATERIAL, AND (II) IS THE TYPE OF INFORMATION THAT THE COMPANY TREATS AS PRIVATE OR CONFIDENTIAL.
TABLE OF CONTENTS
Page
Preambles, Definitions and Organization of Master Franchisee
1
1.A.
Preambles
1
1.B.
Definitions and References
2
1.C.
Organization of Master Franchisee
2
1.D.
Brand Manager
2
1.E.
Other Management Personnel
2
Master Franchise and Operating and Territorial Rights and Obligations
2
2.A.
Grant of Rights
2
2.B.
Granted and Reserved Rights at Non-Traditional Venues
3
2.C.
Territorial Rights of Master Franchisee
3
2.D.
Reservation of Rights
3
2.E.
Potential Development of Jersey Mike’s Restaurants Outside Territory
4
…