What is the name of the Reopen Incentive Program Addendum for Cicis franchises?
Cicis Franchise · 2025 FDDAnswer from 2025 FDD Document
EXHIBIT D-3 REOPEN INCENTIVE PROGRAM ADDENDUM
(Franchise Agreement)
REOPEN INCENTIVE PROGRAM ADDENDUM
(Franchise Agreement)
On Smile LLC ("we"), the "Franchisee" identified below ("you"), and your owners who have guaranteed your performance under the Franchise Agreement (collectively, the "Guarantors" and, together with us and you, the "Parties") execute this Reopen Incentive Program Addendum (the "Addendum") to supplement and amend that certain Franchise Agreement identified on Attachment A hereto (as it might have previously been amended, the "Franchise Agreement"). The Effective Date of this Addendum is the date on which we sign below. Capitalized terms used but not defined in this Addendum have the meanings given them in the Franchise Agreement. For valuable consideration, receipt and sufficiency of which are acknowledged, the Parties agree as follows:
Source: Item 23 — RECEIPTS (FDD pages 65–263)
What This Means (2025 FDD)
According to the 2025 Cicis Franchise Disclosure Document, the Reopen Incentive Program Addendum is an agreement between On Smile LLC (Cicis) and the franchisee. This addendum supplements and amends the existing Franchise Agreement. The effective date of the addendum is the date that Cicis signs the document. This addendum outlines the terms and conditions under which a franchisee can receive incentives for reopening a previously closed Cicis restaurant.
This addendum is designed to encourage the reopening of Cicis restaurants that have been closed, either temporarily or permanently. By offering incentives, Cicis aims to revitalize its brand presence and expand its market reach. The specific incentives provided under the Reopen Incentive Program Addendum are detailed within the addendum itself and the Franchise Agreement.
For prospective franchisees, understanding the terms of the Reopen Incentive Program Addendum is crucial, especially if they are considering reopening a previously closed Cicis location. Franchisees should carefully review the conditions for eligibility, the types of incentives offered, and any obligations they must fulfill to qualify for the program. Consulting with a franchise attorney is advisable to fully comprehend the legal and financial implications of the addendum.