Is there a cure period for failing to comply with other agreements with Cicis or its affiliates?

According to Cicis's 2025 Franchise Disclosure Document, a franchisee or their guarantor or affiliate has the opportunity to cure a failure to comply with other agreements with Cicis or its affiliates. Specifically, if a franchisee, guarantor, or affiliate fails to comply with any other agreement with Cicis or its affiliate, including any Franchise Agreement, they have a cure period to correct the failure.

The cure period is defined as the period provided under the applicable agreement to timely and completely cure the failure. This means the specific length of the cure period will depend on the terms outlined in the particular agreement that has been breached.

This clause is important for prospective franchisees as it provides an opportunity to rectify any breaches of agreements, potentially avoiding termination of the franchise agreement. Franchisees should carefully review all agreements with Cicis and its affiliates to understand the specific cure periods applicable to each agreement.