What release must Cicis franchisees and their Owners execute to renew the franchise agreement?

According to Cicis's 2025 Franchise Disclosure Document, to renew a franchise agreement, both the franchisee and their Owners must execute a general release. This release covers any and all claims against Cicis, its affiliates, and their related parties, regardless of when or how these claims arise.

This requirement means that as part of the renewal process, franchisees and their Owners must waive their rights to pursue any existing or future legal claims against Cicis. This is a significant commitment, as it potentially bars them from seeking legal recourse for issues that may arise from the franchise relationship. The release is a standard legal document designed to protect Cicis from potential liabilities.

Prospective franchisees should carefully consider the implications of this release and consult with legal counsel to fully understand the rights they are waiving. It is important to evaluate any existing or potential future claims before agreeing to the renewal terms. This requirement is common in franchise agreements, as franchisors seek to minimize legal risks and ensure a smooth renewal process.