What is the date format used in the Cinnaholic Development 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, | |||||||||||||
| the | |||||||||||||
| undersigned, | |||||||||||||
| for | |||||||||||||
| the | |||||||||||||
| term | |||||||||||||
| of | |||||||||||||
| the | |||||||||||||
| Development | |||||||||||||
| Agreement, | |||||||||||||
| and | |||||||||||||
| thereafter | |||||||||||||
| until | |||||||||||||
| all | |||||||||||||
| obligations | |||||||||||||
| of | Developer | ||||||||||||
| to | |||||||||||||
| Franchisor | |||||||||||||
| have | |||||||||||||
| been | |||||||||||||
| satisfied, | |||||||||||||
| jointly | |||||||||||||
| and | |||||||||||||
| severally, | |||||||||||||
| do | |||||||||||||
| hereby | |||||||||||||
| personally, | |||||||||||||
| absolutely, and | |||||||||||||
| unconditionally guarantee that Developer shall punctually pay and perform each and every undertaking, | |||||||||||||
| condition, and covenant set forth in the Development Agreement. |
Source: Item 22 — CONTRACTS (FDD pages 61–62)
What This Means (2025 FDD)
According to Cinnaholic's 2025 Franchise Disclosure Document, the Development Agreement date format is partially visible. The document states the agreement is "dated , 20". This indicates that the month and day are missing from the template included in the FDD.
This incomplete date format means a prospective Cinnaholic franchisee cannot determine the exact format used in the actual agreement from this excerpt. It is common practice for legal documents to include a full date for clarity and legal precision.
A potential franchisee should ask Cinnaholic for a complete sample Development Agreement to review the full date format. This will ensure clarity and avoid any potential confusion regarding important deadlines or agreement timelines.