In the Cinnaholic Addendum, what information is required if the Developer is an entity other than an individual?
Cinnaholic Franchise · 2025 FDDAnswer from 2025 FDD Document
| , 20 | Each of the undersigned hereby acknowledges having read, understood, and executed this Addendum on |
|---|---|
| FRANCHISOR: | DEVELOPER: |
| CINNAHOLIC FRANCHISING, LLC | If an Individual: |
| By: Print Name: Title: | Signature: Print Name: |
| By: Name: |
Source: Item 17 — RENEWAL, TERMINATION, TRANSFER, AND DISPUTE RESOLUTION THE FRANCHISE RELATIONSHIP (FDD pages 42–50)
What This Means (2025 FDD)
According to Cinnaholic's 2025 Franchise Disclosure Document, the Cinnaholic Franchising, LLC Addendum to the Market Development Agreement requires specific information depending on whether the developer is an individual or another type of entity. If the developer is an individual, the addendum requires their signature and printed name. However, if the developer is an entity other than an individual, the addendum requires the name of the entity, the signature of an authorized representative, the printed name of that representative, and their title.
This distinction is important because it ensures that Cinnaholic knows who is legally responsible for fulfilling the obligations of the Market Development Agreement. For individual developers, the individual themselves is accountable. For other entities like corporations or LLCs, a designated person with the authority to act on behalf of the entity must be identified. This provides Cinnaholic with clarity regarding who has the power to make decisions and bind the entity to the agreement's terms.
Prospective Cinnaholic developers should pay close attention to these requirements when completing the addendum. If the developer is a business entity, it's crucial to ensure that the person signing has the appropriate authority and that all required information is accurately provided. Failure to do so could potentially lead to delays in processing the agreement or even legal complications down the line.