What is the date format for the Development Agreement mentioned in the Cinnaholic Guaranty Agreement?
Cinnaholic Franchise · 2025 FDDAnswer from 2025 FDD Document
| In consideration | of, | and as | an | inducement to, | the execution | by | CINNAHOLIC | FRANCHISING, | |||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| LLC | ("Franchisor") | of | that | certain | CINNAHOLIC | FRANCHISING, | LLC | Market | Development | ||||
| Agreement, | dated | , | 20 | (as the same | from time to | time may | be | amended or | modified, | the | |||
| "Development | Agreement"), | by | and | between | ("Developer") | and | |||||||
| Franchisor, |
Source: Item 22 — CONTRACTS (FDD pages 61–62)
What This Means (2025 FDD)
According to Cinnaholic's 2025 Franchise Disclosure Document, the Development Agreement referenced in the Cinnaholic Guaranty Agreement includes a date format that specifies the year. The agreement is described as "dated , 20".
This indicates that the Development Agreement's date includes at least the year, but the day and month are not specified in this excerpt. A prospective Cinnaholic franchisee should note that the full date format would be completed at the time of signing the agreement.
To fully understand the implications, a potential franchisee should review the complete Development Agreement and Guaranty Agreement, paying close attention to how dates are recorded and any conditions attached to those dates. It would be prudent to seek clarification from Cinnaholic regarding the specific requirements for dating these legal documents.