Which exhibit contains the State Specific Addenda for the Cinnaholic franchise agreement?
Cinnaholic Franchise · 2025 FDDAnswer from 2025 FDD Document
| Exhibit | Agreement |
|---|---|
| A | Franchised Site, Franchise Territory and Franchise Fee |
| B | Personal Covenants |
| C | Internet Web Sites and Listings Agreement |
| D | Telephone Listing Agreement |
| E | Franchisee Information |
| F | Guaranty Agreement |
| G | State Specific Addenda |
Source: Item 22 — CONTRACTS (FDD pages 61–62)
What This Means (2025 FDD)
According to the 2025 Cinnaholic Franchise Disclosure Document, Exhibit G contains the State Specific Addenda for the franchise agreement. This is important for prospective franchisees because the addenda include modifications and supersedes the standard Cinnaholic Franchise Agreement, based on the specific state where the franchise will operate.
These addenda address specific legal requirements and financial assurances mandated by certain states. For example, the California addendum addresses the deferral of initial fees until pre-opening obligations are met, while the Virginia addendum discusses the deferral of initial franchise fees until pre-opening obligations are fulfilled. Similarly, the Maryland addendum mentions a financial assurance required by the Maryland Securities Commissioner, which defers initial fees and payments until Cinnaholic completes its pre-opening obligations.
These state-specific addenda can significantly impact the franchisee's obligations and rights, particularly concerning payments, dispute resolution, and compliance with local laws. Franchisees should carefully review the addendum for their specific state to understand any modifications to the standard franchise agreement. By understanding these state-specific requirements, franchisees can ensure they are compliant with local regulations and are aware of any financial assurances or fee deferrals that may apply to their franchise.