The franchisor is KFC Corporation (KFCLLC) whose parent is YUM! Brands, Inc. Franchisees operate a dine-in and carryout KFC outlet, which prepares and sells chicken and other menu items KFCLLC approves. The Franchise Agreement grants franchisees a license to use (i) certain KFC trademarks, trade names, service marks, logos and commercial symbols the franchisor periodically authorizes, including the “KFC” and “Kentucky Fried Chicken” marks; and (ii) the proprietary business formats, methods, procedures, designs, layouts, standards and specifications the franchisor authorizes, solely in connection with the operation of the Outlet KFC franchise cost in india 2021.