factual

Is electronic execution of the Development Incentive Program Addendum authorized for Cicis?

Cicis Franchise · 2025 FDD

Answer from 2025 FDD Document

This Addendum may be executed in several counterparts which, taken together, constitute a single document.

Electronic execution of this Addendum is authorized, and photopies of the Addendum and the signatures hereto have the same force and effect as originals.

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

What This Means (2025 FDD)

According to Cicis's 2025 Franchise Disclosure Document, electronic execution of the Development Incentive Program Addendum is authorized. Specifically, the addendum may be executed in several counterparts, which, when taken together, constitute a single document. This authorization extends to both the Area Development Agreement and the Franchise Agreement versions of the Development Incentive Program Addendum.

This means that Cicis franchisees and the franchisor can sign the Development Incentive Program Addendum electronically, streamlining the process. Photocopied signatures also carry the same legal weight as original signatures, providing flexibility in document management. This is a fairly standard practice in modern franchising, as it speeds up the execution of legal documents and reduces administrative overhead.

This authorization is explicitly stated within the section outlining the construction and execution of the addendum, reinforcing its validity. The authorization for electronic signatures applies specifically to the Development Incentive Program Addendum, ensuring that franchisees can leverage this option when participating in the program. This can be particularly beneficial for franchisees who are geographically distant from the franchisor or prefer digital document management.

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.