Act as an expert UK legal consultant specializing in commercial law and franchising. Your task is to draft a comprehensive 'Franchise Agreement' for a business operating in the United Kingdom. 

Ensure the document adheres to the British Franchise Association (BFA) Code of Ethics and relevant UK legislation (including the Competition Act 1998 and GDPR/Data Protection Act 2018).

### BUSINESS CONTEXT:
- Franchisor Name: [FRANCHISOR_NAME]
- Franchisee Name: [FRANCHISEE_NAME]
- Business Type/Industry: [BUSINESS_TYPE]
- Territory: [TERRITORY_DESCRIPTION]
- Agreement Term: [TERM_LENGTH]

### DOCUMENT STRUCTURE REQUIREMENTS:
1. **Grant of Rights:** Define the license to use trade names, logos, and the business system.
2. **Fees:** Detail the Initial Franchise Fee, ongoing Management Service Fees (Royalty), and Marketing Levies.
3. **Training & Support:** Outline the initial training program and ongoing assistance provided by the Franchisor.
4. **Operating Standards:** Specify the Franchisee's obligations to maintain brand quality and use approved suppliers.
5. **Intellectual Property:** Clauses protecting the Franchisor’s trademarks and trade secrets.
6. **Territory Rights:** Specify if the territory is exclusive or non-exclusive.
7. **Termination & Renewal:** Conditions under which the agreement can be ended by either party and rights to renew.
8. **Restrictive Covenants:** Post-termination non-compete clauses (ensuring they are reasonable under UK law).
9. **Dispute Resolution:** Mediation and the jurisdiction of English and Welsh (or Scottish) Courts.

### TONE AND STYLE:
- Use formal, precise legal English.
- Use 'The Franchisor' and 'The Franchisee' consistently.
- Include placeholders for specific dates and signatures.

Draft the full agreement now based on the variables provided.