On what date did CiCi Services LLC sign the Guaranty of Performance for Cicis?

According to Cicis's 2025 Franchise Disclosure Document, CiCi Services LLC signed the Guaranty of Performance on April 25, 2025, in Dallas, Texas. The Guaranty of Performance ensures that On Smile LLC, the Franchisor, fulfills its obligations as outlined in the franchise registration and Franchise Agreement. This guarantee remains effective until all obligations are met or the Franchisor's liability to its franchisees is completely discharged.

CiCi Services LLC, as the Guarantor, provides an unconditional guarantee of the Franchisor's performance. This means that CiCi Services LLC is legally bound to ensure that On Smile LLC meets all the requirements and responsibilities specified in the franchise agreements. The guarantee extends to any amendments, modifications, or extensions made to the Franchise Agreement over time.

The Guaranty of Performance includes a waiver of notice of acceptance, but the Guarantor does not waive notice of the Franchisor's default. This means that CiCi Services LLC does not need to be notified that the guarantee is accepted, but they must be informed if On Smile LLC fails to meet its obligations. The guarantee is binding on CiCi Services LLC and its successors and assignees, ensuring long-term accountability.

For a prospective Cicis franchisee, this guarantee provides an added layer of security, knowing that CiCi Services LLC is committed to ensuring the Franchisor's compliance with the franchise agreement. This can be a significant factor in assessing the stability and reliability of the Cicis franchise system.