All franchises shall be signed by the President
of the Board and attested to by the Township Secretary. The franchise
shall be published in accordance with the requirements of the township
and state law and shall take effect after it has been accepted by
the franchisee and the franchisee and the township have signed a franchise
agreement and satisfied all conditions precedent set forth therein.
Upon acceptance of a franchise, the franchisee
shall be bound by all terms and conditions contained herein, in the
franchise agreement and in its application, to the extent incorporated
in the franchise agreement.