factual

In the Cicis Franchise Agreement, are references to days referring to calendar days or business days?

Cicis Franchise · 2025 FDD

Answer from 2025 FDD Document

Unless otherwise specified, all references to a number of days shall mean calendar days and not business days.

Source: Item 22 — CONTRACTS (FDD pages 64–65)

What This Means (2025 FDD)

According to the 2025 Cicis Franchise Disclosure Document, any reference to a number of days in the agreement refers to calendar days, not business days, unless explicitly stated otherwise. This means that all deadlines and timeframes specified in the agreement, such as the franchisee's obligation to secure a location within 120 days, count every day of the week, including weekends and holidays.

For a prospective Cicis franchisee, this is an important distinction to keep in mind when managing deadlines and obligations under the Franchise Agreement. For example, if a franchisee has 14 days to respond to a notice from Cicis, that period includes all days, not just weekdays. Failing to meet a deadline calculated in calendar days could result in penalties or other adverse consequences.

Many franchise agreements specify 'business days' to provide franchisees more working time to fulfill obligations. Cicis's use of calendar days could potentially create a tighter schedule for franchisees, requiring careful planning and time management to ensure compliance with the agreement's terms.

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.