factual

Which sections of the Cicis Franchise Agreement are modified by the addition of the 'Releases' provision?

Cicis Franchise · 2025 FDD

Answer from 2025 FDD Document

  1. RELEASES. The following provision is added to the end of Section 3.B.(8) ("Renewal), Section 10.D ("No Waiver") and Section 13.B.(1)(c) ("By You and Your Owners") of the Franchise Agreement:

However, any release required as a condition of renewal and/or assignment/transfer will not apply to claims arising under the Maryland Franchise Registration and Disclosure Law.

Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 58–64)

What This Means (2025 FDD)

According to the 2025 Cicis Franchise Disclosure Document, the 'Releases' provision is added to the end of specific sections within the Franchise Agreement. These sections include Section 3.B.(8), which pertains to 'Renewal'; Section 10.D, addressing 'No Waiver'; and Section 13.B.(1)(c), concerning actions 'By You and Your Owners.'

This modification means that any releases required as a condition of renewal or assignment/transfer will not apply to claims arising under the Maryland Franchise Registration and Disclosure Law, if applicable. This is particularly relevant for franchisees in Maryland or those potentially subject to Maryland law due to the franchise agreement.

For a prospective Cicis franchisee, this information is crucial because it clarifies the extent to which they may be required to release claims against Cicis during renewal or transfer processes. The exception for claims arising under Maryland law provides an added layer of protection for franchisees operating in or connected to Maryland, ensuring their rights under that state's franchise laws are preserved.

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.