table_specific

On what page of the Cicis FDD can I find information about Cicis' termination of agreement?

Cicis Franchise · 2025 FDD

Answer from 2025 FDD Document

C. ADDITIONAL REMEDIES

If you or your Affiliates are in default of any provision of this Agreement or any Franchise Agreement executed pursuant hereto, we may, in our sole discretion, instead of terminating this Agreement terminate or modify any territorial rights or protection granted to you in Section 2.B. of this Agreement, reduce the size of your Development Area, reduce the number of Restaurants listed in the Development Schedule, and/or pursue any other remedy we may have at law or in equity. Our exercise of any of our options under this Section will not constitute a waiver by us to exercise our option to terminate this Agreement at any time with respect to a subsequent event of default of a similar or different nature and will not obligate us to refund any portion of the Development Fee.

7. RIGHTS AND OBLIGATIONS ON TERMINATION OR EXPIRATION OF THIS AGREEMENT.

A. YOUR OBLIGATIONS.

You and, as applicable, your owners and all such other persons or Business Entities who are bound under the terms of this Agreement must immediately upon the expiration or termination of this Agreement, cease to directly or indirectly exercise or attempt to exercise any of the rights granted to you under this Agreement, comply with all obligations that either expressly survive or by their nature are intended to survive the expiration or termination of this Agreement, and refrain from interfering or attempting to interfere with our or our Affiliates' relationships with any vendors, franchisees or consultants or engage in any other activity which might injure the goodwill of the Marks or the System.

B. CONTINUING OBLIGATIONS.

All of our and your (and your owners') obligations which expressly or by their nature survive this Agreement's expiration or termination will continue in full force and effect subsequent to and notwithstanding its expiration or termination and until they are satisfied in full or by their nature expire, including, without limitation, all obligations relating to non-disparagement, noncompetition, non-interference, confidentiality, and indemnification.

Source: Item 23 — RECEIPTS (FDD pages 65–263)

What This Means (2025 FDD)

I am unable to provide the specific page number in Cicis' 2025 Franchise Disclosure Document (FDD) where information on the termination of the agreement can be found. However, several sections within Item 23 of the FDD discuss termination-related clauses and actions that Cicis may take.

Specifically, the FDD mentions Cicis' potential to terminate or modify territorial rights if a franchisee defaults on the agreement. It also outlines the obligations of the franchisee upon termination or expiration of the agreement, including ceasing to exercise any rights granted and refraining from interfering with Cicis' relationships with vendors or other franchisees. The document also states that obligations relating to non-disparagement, noncompetition, non-interference, confidentiality, and indemnification survive the termination of the agreement.

To find the exact page numbers where termination is discussed, a prospective franchisee should review Item 23 in its entirety. It would also be beneficial to ask Cicis directly for a reference to the specific sections of the FDD that detail the conditions, procedures, and consequences related to the termination of the franchise agreement.

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.