What is the meaning of 'Supporting Information' in the context of the Cicis Veteran's Incentive Program?
Cicis Franchise · 2025 FDDAnswer from 2025 FDD Document
You have asked to participate in our Veterans Incentive Program (the "Program") and, in support of your request, have provided us with information, whether as part of the Application Materials or separately (the "Supporting Information"), to confirm your qualifications to participate in the Program.
You represent and warrant to us that the Supporting Information is true and correct and that you satisfy all of our requirements for participation in the Program.
In reliance on the foregoing, we approve your participation in the Program with respect to Franchise Agreements that you or your affiliates execute pursuant to the Development Agreement from and after the Effective Date of this Addendum (the "Qualifying Franchise Agreements").
You must promptly notify us, in writing, if any of the Supporting Information changes or ceases to be true and correct.
We may revoke your participation in the Program if, at any time, we determine that you no longer qualify for participation.
Source: Item 23 — RECEIPTS (FDD pages 65–263)
What This Means (2025 FDD)
According to Cicis's 2025 Franchise Disclosure Document, "Supporting Information" refers to the documentation a prospective franchisee provides to Cicis to demonstrate their eligibility for the Veteran's Incentive Program. This information, submitted either as part of the application materials or separately, is used by Cicis to confirm that the franchisee meets the qualifications for the program.
Cicis relies on the accuracy of this supporting documentation to approve a franchisee's participation in the Veteran's Incentive Program. The franchisee must confirm that the provided information is true, correct, and satisfies all program requirements. Furthermore, the franchisee has an ongoing obligation to notify Cicis promptly if any of the supporting information changes or is no longer accurate.
The implications of providing inaccurate or outdated supporting information can be significant. Cicis retains the right to revoke a franchisee's participation in the program if it determines that the franchisee no longer qualifies. This could lead to the loss of benefits associated with the program, such as waivers of the Development Fee or Initial Franchise Fee, or modifications to royalty fees. Therefore, it is crucial for prospective Cicis franchisees to ensure the accuracy and completeness of all information submitted to support their application for the Veteran's Incentive Program.
For a prospective franchisee, this means carefully compiling all required documents, such as military service records, discharge papers, and any other materials requested by Cicis to verify veteran status. Maintaining open communication with Cicis and promptly reporting any changes to the provided information is essential to remain in good standing and continue receiving the program's benefits.