For Cinnaholic, if the prospective franchisee is an individual, what information must be included in the signature section of the agreement?

According to Cinnaholic's 2025 Franchise Disclosure Document, several state-specific addenda to the franchise agreement require individual franchisees to print their name in the signature section. These addenda modify and supersede the standard Cinnaholic Franchise Agreement for franchisees who are residents of or will operate a franchise in California, Illinois, Maryland, and Virginia. The language in each addendum is similar, requiring the franchisee to acknowledge they have read, understood, and executed the addendum. The signature section includes a space for the franchisee to print their name if they are an individual. If the franchisee is an entity other than an individual, there are spaces for the name and title of the person signing on behalf of the entity.

These addenda also address specific legal requirements and financial assurances required by each state. For example, the California addendum notes that Cinnaholic has not demonstrated adequate capitalization, requiring a deferral of initial fees until pre-opening obligations are met and the franchise is open for business. Similarly, the Maryland addendum states that the Maryland Securities Commissioner requires a financial assurance, deferring all initial fees until Cinnaholic completes its pre-opening obligations. The Virginia addendum also requires the deferral of initial franchise fees until Cinnaholic has completed its pre-opening obligations.

These state-specific addenda also include provisions that protect the franchisee's rights under state franchise laws. They ensure that no statement or acknowledgment signed by the franchisee can waive claims under state franchise law, including fraud in the inducement, or disclaim reliance on statements made by Cinnaholic. These provisions supersede any conflicting terms in the franchise agreement, providing additional protection to franchisees in these states.