factual

Who is considered the 'Franchisee' in the Cicis Reopen Incentive Program Addendum?

Cicis Franchise · 2025 FDD

Answer from 2025 FDD Document

On Smile LLC ("we"), the "Franchisee" identified below ("you"), and your owners who have guaranteed your performance under the Franchise Agreement (collectively, the "Guarantors" and, together with us and you, the "Parties") execute this Reopen Incentive Program Addendum (the "Addendum") to supplement and amend that certain Franchise Agreement identified on Attachment A hereto (as it might have previously been amended, the "Franchise Agreement"). The Effective Date of this Addendum is the date on which we sign below. Capitalized terms used but not defined in this Addendum have the meanings given them in the Franchise Agreement. For valuable consideration, receipt and sufficiency of which are acknowledged, the Parties agree as follows:

Source: Item 23 — RECEIPTS (FDD pages 65–263)

What This Means (2025 FDD)

According to Cicis's 2025 Franchise Disclosure Document, the Reopen Incentive Program Addendum defines the franchisee as "you". The addendum is an agreement between Smile LLC ("we"), the franchisee ("you"), and the franchisee's owners who have guaranteed the franchisee's performance under the Franchise Agreement (collectively, the "Guarantors"). These parties, along with Cicis, are collectively referred to as the "Parties" in the addendum.

This definition is important because it clarifies who is eligible for the incentives offered under the Reopen Incentive Program. The franchisee, as the party directly operating the restaurant, is the one who will receive the benefits of the program, such as potential reimbursement of grand opening expenses or modifications to royalty fees. The guarantors, who are the owners guaranteeing the franchisee's obligations, are also considered parties to the agreement, indicating their involvement in and responsibility for the franchisee's performance.

Prospective franchisees should pay close attention to this definition and the associated terms in the Reopen Incentive Program Addendum. Understanding who is considered the franchisee and the roles of all parties involved is crucial for ensuring compliance with the agreement and maximizing the benefits available under the program. It also highlights the importance of the relationship between the franchisee, the guarantors, and Cicis in the context of reopening a restaurant.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.