In the Cinnabon SRU Addendum, what does 'you' refer to?
Cinnabon Franchise · 2025 FDDAnswer from 2025 FDD Document
| This Addendum (the "SRU Addendum") is signed as of, 20 | |||
|---|---|---|---|
| (the "SRU Addendum Date") between Cinnabon Franchisor SPV LLC, a Delaware limited liability | |||
| company ("we" or "us") and «Z1_First_Name» «Z1_Last_Name», a «Z1_State_of_Formation» | |||
| «Z1_Entity_Type», | «Z2_Last_Name», | a | «Z2_State_of_Formation» |
| «Z2_First_Name» | |||
| «Z2_Entity_Type»«Z3_First_Name» | «Z3_Last_Name», | a | «Z3_State_of_Formation» |
| «Z3_Entity_Type»«Z4_First_Name» | «Z4_Last_Name», | a | «Z4_State_of_Formation» |
| «Z4_Entity_Type»«Z5_First_Name» | «Z5_Last_Name», | a | «Z5_State_of_Formation» |
| «Z5_Entity_Type» ("you"). |
Source: Item 23 — Receipts (FDD pages 114–399)
What This Means (2025 FDD)
According to Cinnabon's 2025 Franchise Disclosure Document, specifically within the context of the SRU (Satellite Retail Unit) Addendum, the term "you" refers to the franchisee. The SRU Addendum is an agreement between Cinnabon Franchisor SPV LLC, identified as "we" or "us," and the individual or entity applying for the franchise, represented by fields such as «Z1_First_Name» «Z1_Last_Name», a «Z1_State_of_Formation» «Z1_Entity_Type». This establishes the parties involved in the agreement, clearly defining "you" as the franchisee who is entering into the agreement with Cinnabon.
This definition is crucial for understanding the rights and obligations outlined in the SRU Addendum. Throughout the document, any clause that uses "you" is directly addressing the franchisee, specifying their responsibilities, entitlements, and any conditions they must adhere to. For example, clauses related to fees, operational standards, or termination conditions will directly impact the franchisee, making it essential for them to understand this definition.
Prospective Cinnabon franchisees should pay close attention to how "you" is used throughout the Franchise Agreement and its addenda. Understanding this definition ensures clarity regarding who is responsible for fulfilling specific requirements and who benefits from certain provisions. This understanding is vital for making informed decisions and managing the franchise effectively.