What is the definition of 'Refresh Obligations' for a Cicis franchise under the Reopen Incentive Program Addendum?

According to Cicis's 2025 Franchise Disclosure Document, the Refresh Obligations under the Reopen Incentive Program Addendum refer to the actions a franchisee must take to remodel and refresh a restaurant at their own expense before reopening it. These actions are detailed in Attachment A of the addendum. The franchisee must complete these Refresh Obligations and reopen the restaurant for regular business by the Reopening Deadline, also specified in Attachment A, in accordance with the Franchise Agreement.

This requirement is part of the Reopen Incentive Program, designed for restaurants that were previously operated as Cicis restaurants but have been permanently closed or temporarily closed for an extended period. The prior franchise agreement governing the restaurant's operation must have been terminated. The new Franchise Agreement governs the franchisee's ownership and operation of the reopened restaurant.

Meeting the Refresh Obligations is a condition for participating in the incentive program, which includes benefits such as a reduced Initial Franchise Fee of $5,000, provided the franchisee remains in good standing. Failure to meet these obligations or the Reopening Deadline could result in the loss of these incentives and require the franchisee to pay the full Initial Franchise Fee as outlined in the Franchise Agreement. Prospective franchisees should carefully review Attachment A to fully understand the scope and cost of the required Refresh Obligations before entering into the agreement.