Are electronic executions of the Addendum authorized by Cicis?

According to Cicis's 2025 Franchise Disclosure Document, electronic execution of the Development Incentive Program Addendum is authorized. The addendum may be executed in counterparts, which, when taken together, constitute a single document. Photocopies of the addendum and signatures have the same force and effect as originals.

This authorization simplifies the signing process for franchisees and Cicis, especially those located at a distance. It allows for quicker execution of the agreement since documents can be signed and exchanged electronically rather than through traditional mail. This can reduce delays in finalizing the franchise agreement and commencing operations.

It's important for prospective franchisees to understand that while electronic signatures are permitted, they carry the same legal weight as original signatures. Franchisees should carefully review all documents before signing, whether electronically or in hard copy, to ensure they fully understand the terms and conditions of the franchise agreement.