How many days after delivering a written notice of termination will the termination be effective for a Cicis franchise under the Underperforming Incentive Program?

According to the 2025 Cicis Franchise Disclosure Document, a franchisee participating in the Underperforming Incentive Program can terminate the Franchise Agreement by delivering a written notice to Cicis. If the franchisee and their affiliates are in good standing from the Effective Date and remain so during the notice period, the termination will be effective at the close of business on the 30th day following the delivery of the written notice.

This means that a Cicis franchisee who qualifies for and participates in the Underperforming Incentive Program has the option to terminate their agreement under specific conditions. To do so, they must provide written notice to Cicis. The termination becomes effective 30 days after Cicis receives this notice, allowing for a structured exit from the franchise agreement.

However, this right to terminate is conditional. The franchisee and their affiliates must be in "Good Standing," meaning they are not in default of the Franchise Agreement or any other agreement with Cicis, and they have substantially and timely complied with all terms and conditions, including all monetary obligations. This requirement ensures that only franchisees who have maintained a satisfactory relationship with Cicis can exercise this termination option.

This termination option is only available for a limited time. The franchisee can only exercise this right prior to the 18-month anniversary of the Effective Date. After this date, the standard termination clauses in the Franchise Agreement will apply. This provision provides a specific window during which the franchisee can exit the agreement under the terms of the Underperforming Incentive Program.