Navigating the Legal Landscape for Market Operators and Network Partners

Let's streamline the legal process of becoming a Brick Partner and introduce you to essential terms to ensure you understand everything you need to move forward with your franchising decision confidently!

Key Elements of the Brick Franchise Agreement
The following elements remain consistent across all partnership agreements.
Brand and immaterial rights: Franchisees must exclusively use the Brick brand without incorporating other brands. While granted the right to use the brand and software, abuse of these rights may lead to forfeiture.
Length of the agreement: The agreement runs yearly and can only be terminated by the franchisee.
Ending the agreement: The contract may be terminated by the franchisee or by default for any breach. Upon termination, Brick issues a final invoice for agreed-upon fees, concluding the business relationship.
Non-compete clause: Franchisees are prohibited from collaborating with other powerbank sharing companies during or after the agreement with Brick.

Key Elements of the Brick Market Operator Agreement
The following elements are specific to the Market Operator Agreement.
Milestones: Market Operators collaborate with their partner success manager to establish milestones. These milestones serve as benchmarks for earning growth credits and exclusivity, contingent upon the partner's performance.
Market exclusivity: serves as a reward for meeting growth targets in a specific market. Partners with exclusivity may bring onboard additional partners, sharing a percentage of their earnings.
Growth credits: These are a reinvestment of the base fee paid by Market Operators upon reaching their targets. The agreement outlines how these credits are earned and utilized.
Region: Defining the operational territory is crucial for launching the powerbank sharing network. The agreement specifies the area for which the Market Operator assumes responsibility and receives exclusivity.

Premium/business-to-business deals
Market Operators may engage in premium deals, with revenue sharing to Brick HQ remaining consistent with rental revenues.

Key Elements of the Network Partner Agreement
The following elements are specific to the Network Partner Agreement.
Operations fee: Network Partners incur operations fees for all purchased stations, commencing upon station arrival, irrespective of revenue generation.
Revenue share: Network Partners pay a flat 30% revenue share, inclusive of transfer fees, to Brick payment service partners.
Region: Network Partners operate within a designated region as determined during initial discussions with Brick.