What must be executed along with each Qualifying Franchise Agreement as long as the developer is approved to participate in the Cicis Development Incentive Program?
Cicis Franchise · 2025 FDDAnswer from 2025 FDD Document
- Amendment of Qualifying Franchise Agreements. As long as you are approved to participate in the Program (as we determine in our sole discretion), as each Qualifying Franchise Agreement is executed, we and you or your affiliate executing the agreement will also execute an amendment to the agreement in the form attached as Attachment A hereto.
Source: Item 23 — RECEIPTS (FDD pages 65–263)
What This Means (2025 FDD)
According to Cicis's 2025 Franchise Disclosure Document, if a developer is approved to participate in the Development Incentive Program, an amendment to the Qualifying Franchise Agreement must be executed along with each Qualifying Franchise Agreement. This amendment will be in the form attached as Attachment A to the FDD.
This amendment is a critical component of the Development Incentive Program. It appears that Attachment A provides specific modifications or additions to the standard Franchise Agreement, tailoring it to the terms of the incentive program. This could include adjustments to fees, performance metrics, or other obligations, as detailed in the attachment.
It is important for prospective Cicis franchisees to carefully review Attachment A to understand the specific changes to the Franchise Agreement under the Development Incentive Program. Franchisees should also confirm they understand the requirements for remaining in good standing within the program, as failure to do so could result in the revocation of the benefits outlined in the amendment.