What section of the Cicis Franchise Agreement covers the 'Term' of the franchise?
Cicis Franchise · 2025 FDDAnswer from 2025 FDD Document
A. Grant of Rights. In reliance on the Application Materials, we hereby grant you the right and license, and you hereby accept the right and obligation, to use the System (including the Marks) to develop, own and operate a Cicis Restaurant, of the type indicated on Attachment A or Attachment A-1 hereto, during the Term (defined below), at the Location (defined below), and strictly and solely in accordance with this Agreement. Your right and obligation to develop, own and operate a Cicis Restaurant is referred to herein as the "Franchise," and the Cicis Restaurant you develop and own under this Agreement is referred to herein as your "Restaurant."
Source: Item 22 — CONTRACTS (FDD pages 64–65)
What This Means (2025 FDD)
According to the 2025 Cicis Franchise Disclosure Document, Section 1.A, titled "Grant of Rights" within the Franchise Agreement, addresses the term of the franchise. This section specifies that the grant of rights and license to operate a Cicis Restaurant is valid "during the Term (defined below)" at an agreed-upon location. This indicates that the Franchise Agreement itself defines the duration or 'Term' for which the franchise rights are granted.
This section emphasizes that the franchisee's right and obligation to operate a Cicis Restaurant are explicitly tied to the term defined elsewhere in the agreement. The franchisee must operate the restaurant strictly in accordance with the agreement during this term. The type of Cicis Restaurant (either a Cicis Buffet Restaurant or a Cicis To Go Restaurant) will be indicated on Attachment A or A-1.
Prospective franchisees should carefully review the section of the Cicis Franchise Agreement that defines the 'Term' to understand the length of the franchise agreement and any renewal options or conditions for termination. Understanding the term is crucial for long-term business planning and investment decisions.