factual

What form is used to amend the Qualifying Franchise Agreement for Cicis franchisees participating in the Veteran's Incentive Program?

Cicis Franchise · 2025 FDD

Answer from 2025 FDD Document

    1. 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, the Qualifying Franchise Agreement is amended using a specific addendum for franchisees participating in the Veteran's Incentive Program. As long as the franchisee is approved to participate in the program, Cicis and the franchisee will execute an amendment to the agreement in the form attached as Attachment A.

This amendment is a crucial part of the franchise agreement for veterans, as it outlines the specific incentives and modifications to the standard agreement terms. It legally binds Cicis to provide the agreed-upon benefits, such as potential fee reductions or royalty adjustments, as long as the franchisee remains eligible and in good standing.

The use of a standardized addendum ensures consistency and clarity in the terms offered to veteran franchisees. By referencing Attachment A, prospective franchisees can review the exact details of the Veteran's Incentive Program and understand their rights and obligations under the amended agreement. This transparency is beneficial for making informed decisions about joining the Cicis franchise system.

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.