What is the 'Effective Date' of the Cicis Reopen Incentive Program Addendum?
Cicis Franchise · 2025 FDDAnswer 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's Effective Date is the date on which On Smile LLC signs the addendum. This addendum supplements and amends the existing Franchise Agreement. The parties involved are On Smile LLC, the franchisee, and the franchisee's owners who have guaranteed performance under the Franchise Agreement.
For a prospective Cicis franchisee, this means that the Reopen Incentive Program, including any benefits or modifications to the standard franchise agreement, becomes effective as of the date Cicis signs the Reopen Incentive Program Addendum. This date is important because it marks the point from which the specific terms and conditions outlined in the addendum, such as modified royalty fees or other incentives, come into effect.
It is important for the franchisee to understand this date, as certain benefits, such as reduced royalty fees or reimbursements for grand opening promotions, are tied to the Effective Date. Franchisees should ensure that they receive a fully executed copy of the Reopen Incentive Program Addendum, clearly showing the date of Cicis's signature, to avoid any confusion or disputes regarding the commencement of the program's benefits.