What is the subject of Section 4 of the Cicis Area Development Agreement?
Cicis Franchise · 2025 FDDAnswer from 2025 FDD Document
4. RECORDS AND REPORTING REQUIREMENTS.
You agree, during the Term, to maintain records regarding your activities in connection with the exercise of the Development Rights and to provide us with the following records and reports:
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- within 10 days after the end of each month during the Term, you must send us a report of your business activities during that month, including information about your efforts to find sites for Restaurants in the Development Area and the
Source: Item 23 — RECEIPTS (FDD pages 65–263)
What This Means (2025 FDD)
According to the 2025 Cicis Franchise Disclosure Document, Section 4 of the Area Development Agreement pertains to the records and reporting requirements for the developer.
During the term of the agreement, the developer must maintain records regarding their activities related to exercising the development rights. These records must be provided to Cicis as reports.
Specifically, within 10 days after the end of each month, the developer needs to submit a report detailing their business activities during that month. This report should include information on their efforts to find suitable sites for Cicis restaurants within the designated development area.