Under what conditions can Cicis terminate the franchise agreement immediately without opportunity to cure?

Based on the 2025 Franchise Disclosure Document, Cicis can terminate the franchise agreement with a franchisee immediately if the franchisee fails to cure a default within the specified time frame. The specific defaults and time frames for cure are not detailed in the provided excerpts. However, if a default occurs and is not resolved within the period required by law or as specified in the agreement, Cicis has the right to terminate the agreement immediately by providing written notice to the franchisee.

Additionally, Cicis has the option to require a franchisee to cease operating their restaurant until a default is cured, even before exercising their right to terminate the agreement. By agreeing to the franchise terms, the franchisee waives all claims against Cicis and its affiliates resulting from any such suspension of operations. The franchisee also agrees to indemnify Cicis against any third-party claims arising from the exercise of these rights, further emphasizing the franchisor's protection in these scenarios.

It is important for a prospective Cicis franchisee to carefully review the franchise agreement to understand the specific events that constitute a default and the allotted cure periods. Understanding these conditions is crucial, as failure to comply can lead to immediate termination of the franchise agreement and loss of the franchise. A prospective franchisee should consult with a legal professional to fully understand their obligations and potential risks.