What does Cinnaholic consider conclusive proof of termination of the Franchise Agreement?

According to Cinnaholic's 2025 Franchise Disclosure Document, Cinnaholic considers its own written statement, signed by an officer or agent, as conclusive proof that the Franchise Agreement has been terminated. This statement is acceptable to telephone companies as proof of termination.

This means that Cinnaholic franchisees must transfer their interest in telephone numbers and listings to Cinnaholic upon termination of the Franchise Agreement. Cinnaholic can provide a written statement to the telephone companies as proof of termination, which the telephone companies must accept as conclusive evidence.

After the telephone companies transfer the franchisee's interest in telephone numbers and listings to Cinnaholic, the franchisee will have no further interest in or obligations under such telephone numbers and listings, as between the franchisee and Cinnaholic. However, the franchisee remains liable to the telephone companies for any sums owed for obligations incurred before the transfer date or for any other obligations not subject to the Franchise Agreement or the Telephone Listing Agreement. This process is facilitated through the Telephone Listing Agreement, which survives the termination of the Franchise Agreement.