factual

Does the Development Agreement remain in effect for Cicis franchisees participating in the Veterans Incentive Program?

Cicis Franchise · 2025 FDD

Answer from 2025 FDD Document

This Addendum forms an integral part of and is incorporated into the Development Agreement and represents the sole agreement between the Parties with respect to the matters set forth herein.

Except as supplemented and amended herein, the Development Agreement remains in full force and effect.

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

What This Means (2025 FDD)

According to Cicis's 2025 Franchise Disclosure Document, the Development Agreement remains in full force and effect for franchisees participating in the Veterans Incentive Program, except as specifically supplemented and amended by the Veteran's Incentive Program Addendum. The addendum forms an integral part of and is incorporated into the Development Agreement, representing the sole agreement between the parties regarding the matters outlined within it.

This means that while Cicis franchisees participating in the Veterans Incentive Program may receive benefits such as a waiver of the Development Fee and Initial Franchise Fee, the underlying obligations and structure of the Development Agreement remain in place. The addendum serves to modify certain financial aspects of the agreement while keeping the rest of the original terms intact.

Cicis retains the right to revoke these waivers if the franchisee is no longer approved to participate in the program or ceases to be in good standing. "Good Standing" is defined as compliance with all material obligations under the Development Agreement and all Franchise Agreements. Cicis has sole discretion to determine whether particular obligations are "material," and their decision is final. This ensures that Cicis can maintain standards and protect the integrity of the franchise system, while still offering incentives to veterans.

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.